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.

Gear Break: Tifosi Moab Lite sunglasses, Flow Formulas endurance drink mix, Santini Cycling and Pirelli Design launch the 2025 “Sport Club” collection of technical cycling Apparel, from pop art to ...

The all-stock merger between Chart and Flowserve triggered a sell-off, despite the deal's strategic appeal. Read more on GTLS and FLS stocks here.

Chart Industries and Flowserve merge to create a $19B industrial-tech giant. Discover strategic synergies, industry scale, and financial insights.

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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.