News

Chart Industries and Flowserve Corporation announced June 4 that they’ve reached a deal to combine in an all-stock “merger of equals”. Upon completion — expected in 2025’s fourth quarter and subject ...
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Chart guided for over 500 basis points of Adjusted EBITDA margin expansion within the first three years; by my numbers, those margins increased more than 600 bps between 2021 and 2024.
Two businesses in industrial-process technologies struck an all-stock merger worth roughly $19 billion. Chart Industries GTLS 1.75% and Flowserve FLS 1.61% said Wednesday they plan to combine in a ...
Chart Industries, Flowserve merger implies 10x EV/EBITDA multiple Jun. 04, 2025 8:32 AM ET Flowserve Corporation (FLS) Stock, GTLS Stock By: Rob Williams, SA News Editor 2 Comments Play (3min) ...
Chart Industries, Inc. and Flowserve Corporation announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in ...
ATLANTA & DALLAS - Chart Industries, Inc. (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) have announced their agreement to merge in an all-stock deal, which is expected to create an enterprise ...
Chart shareholders will receive 3.165 shares of Flowserve for each share owned, giving Chart’s investors ownership of about 53.5% of the new company, according to a statement Wednesday.
Under the agreement, Chart shareholders will receive 3.165 Flowserve shares, worth about $159.90 based on Flowserve's Tuesday closing price of $50.52, for each Chart share held, about 1% below ...
Investing.com -- On June 4, 2025, S&P Global Ratings revised its outlook on Flowserve Corp (NYSE:FLS)., a U.S.-based flow control equipment manufacturer, to positive from stable, following the ...