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 ...

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Industrial companies Chart Industries Inc. and Flowserve Corp. agreed to merge in a deal valuing the combined company at about $19 billion. Chart shareholders will receive 3.165 shares of ...

Chart generates substantial free cash flow. Historical free cash flow conversion is well above 80% and Chart targets 90%-plus conversion after acquiring Howden. Higher expected content levels per ...

(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 ...

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 ...

Chart Industries (NYSE ... carbon capture, water and general flow control systems. The companies expect the $300 million in synergies to be realized within three years, driven by operational ...

Chart Industries and Flowserve Corporation will merge in an all-stock transaction valued at approximately $19 billion. The combined company, with ~$8.8 billion LTM net revenue, expects $300 ...

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 ...

Under the terms of the merger, Chart Industries shareholders will receive 3.165 shares of Flowserve common stock for every share of Chart common stock they own, the report added.