Chart Industries is growing 30-40% annually and has a recession-resistant business model with long-term project visibility.

Baker Hughes agreed to acquire Chart Industries for $210/share in cash, representing an enterprise value of $13.6B. Flowserve terminated its previously announced merger with Chart.

Oilfield services firm Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, outbidding rival Flowserve to expand in the LNG, data centers and ...