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The merger brings together Flowserve’s flow control capabilities and Chart’s process technology expertise, forming a diversified business spanning energy, water, industrial gases, chemicals ...
Chart generates substantial free cash flow. Historical free cash flow conversion is well above 80% and Chart targets 90%-plus conversion after acquiring Howden.
Flowserve Corporation and Chart Industries, Inc. merge for $300M synergies, sparking investor skepticism on growth and strategy. Click for my take on FLS and GTLS.
Chart Industries (NYSE:GTLS) and Flowserve (NYSE:FLS) are joining forces in a headline-making $19 billion all-stock merger that could create one of the most dominant players in global industrial ...
By Anshuman Tripathy (Reuters) -U.S.-based equipment manufacturer Chart Industries (NYSE: GTLS) and flow control systems maker Flowserve Corp (NYSE: FLS) agreed to merge in an all-stock deal ...
Chart Industries and Flowserve agreed to combine in an all-stock merger valued at ~$19B including debt, creating a differentiated leader in industrial process technologies.
Industrial companies Chart Industries Inc. and Flowserve Corp. agreed to merge in a deal valuing the combined company at about $19 billion.
By Colin Kellaher Shares of Chart Industries and Flowserve moved lower in premarket trading Wednesday after the companies agreed to combine in an all-stock merger.
The combined entity aims to establish a robust platform for flow and thermal management, serving the full customer lifecycle with an emphasis on process design and systems capabilities.
ATLANTA & DALLAS, June 04, 2025--Chart Industries, Inc. (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) today announced that they have entered into a definitive agreement to combine in an all ...
(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 ...
Chart Industries and Flowserve Corporation to Combine in All-Stock Merger of Equals, Creating a Differentiated Leader in Industrial Process Technologies ...