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Was the Flowserve-Chart merger cancelled?

Asked by Anonymous Sep 02, 2026 30 views 1 answers
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Answered Sep 02, 2026

Yes, the previously announced merger of equals between Flowserve Corporation and Chart Industries was officially cancelled and terminated. The agreement was called off after Chart received a superior, unsolicited acquisition proposal from Baker Hughes. Consequently, Flowserve exercised its contractual rights, terminated the transaction, received a multi-million-dollar termination fee, and chose to pursue its independent strategic growth plan.

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