MergerMay 21, 2026, 04:08 PM
Baker Hughes Files with EC for Chart Merger Approval; July 2026 Close
AI Summary
Baker Hughes announced significant progress in its previously reported acquisition of Chart Industries, Inc. The company and Chart have concluded their pre-notification process with the European Commission (EC) and filed a Form CO on May 21, 2026, which initiates the EC's Phase I review period. Subject to receiving EC approval and other regulatory clearances, Baker Hughes anticipates the merger to close in July 2026.
Key Highlights
- Baker Hughes filed Form CO with the European Commission on May 21, 2026.
- This filing initiates the EC's Phase I review period for the Chart merger.
- Baker Hughes is acquiring Chart Industries, Inc. through a merger.
- The pre-notification process with the European Commission has concluded.
- Baker Hughes expects the merger to close in July 2026.
- Closing is subject to EC and other regulatory approvals.
Price Impact
More from BKR