The deal has strategic benefits as it combines Chart's expertise in compression, thermal, and cryogenic with Flowserve´s strength in flow management. The business will furthermore benefit from ...

Jill Evanko (Chart) will become Board Chair, while Scott Rowe (Flowserve) steps in as CEO. And the numbers? On a trailing 12-month basis, the combined entity pulled in $1.8 billion in cash flow.

June 4 (Reuters) - U.S.-based equipment manufacturer Chart Industries (GTLS.N), opens new tab and flow control systems maker Flowserve Corp (FLS.N), opens new tab agreed to merge in an all-stock ...

Chart Industries (NYSE:GTLS) and Flowserve (NYSE:FLS) said Wednesday they agreed to combine in an all-stock merger valued at ~$19B including debt, creating a differentiated leader in industrial ...

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Chart Industries (GTLS) and Flowserve (FLS) announcing their merger ...

(Reuters) -U.S.-based equipment manufacturer Chart Industries and flow control systems maker Flowserve Corp agreed to merge in an all-stock deal, valuing the combined company at about $19 billion. The ...

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(Reuters) -U.S.-based equipment manufacturer Chart Industries and flow control systems maker Flowserve Corp agreed to merge in an all-stock deal, valuing the combined company at about $19 billion.

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Chart had a market capitalization of $7.26 billion, as of stock’s last close, according to data compiled by LSEG, while Flowserve’s valuation stood at $6.6 billion.

The combination brings together Chart’s leading expertise in process technologies across compression, thermal, cryogenic and specialty solutions and Flowserve’s leading capabilities in flow ...

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