Baker Hughes Company completed its acquisition of Chart Industries Inc on 2026-07-16, according to the Form 8-K Chart Industries Inc filed with the SEC on 2026-07-16. The filing states a price of $6.5 billion. Chart Industries Inc filed the report because the deal made it part of Baker Hughes Company.
| Acquirer | Baker Hughes Company |
|---|---|
| Acquired | Chart Industries Inc |
| Completed | 2026-07-16 |
| Price stated in the filing | $6.5 billion |
| Reported by | Chart Industries Inc (GTLS), the company acquired |
| Filing | Form 8-K, filed 2026-07-16 |
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What the filing says
On July 16, 2026, Baker Hughes completed its acquisition of Chart in accordance with the Merger Agreement (the " Merger "), pursuant to which Merger Sub was merged with and into Chart, with Chart surviving the Merger as an indirect subsidiary of Baker Hughes.
The price, in the filing's words
Pursuant to the Merger Agreement, at the Effective Time, (i) each option to purchase shares of Chart Common Stock with an exercise price per share less than the Merger Consideration was canceled and converted into the right to receive the excess of the Merger Consideration over the per-share exercise price of such option, and each option with an exercise price per share equal to or greater than the Merger Consideration was canceled for no consideration; (ii) each restricted stock unit with respect to shares of Chart Common Stock granted prior to the date of the Merger Agreement was canceled and converted into the right to receive the Merger Consideration; (iii) each restricted stock unit wit
More from the filing
This Current Report on Form 8-K is being filed in connection with the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, dated as of July 28, 2025 (as it may be amended from time to time, the " Merger Agreement "), by and among Chart Industries, Inc., a Delaware corporation (" Chart "), Baker Hughes Company, a Delaware corporation (" Baker Hughes "), and Tango Merger Sub, Inc., a Delaware corporation and an indirect subsidiary of Baker Hughes (" Merger Sub ").
Capitalized terms used herein without definition have the meanings specified in the Merger Agreement.
At the effective time of the Merger (the " Effective Time "), each share of common stock of Chart, par value $0.01 per share (the " Chart Common Stock "), issued and outstanding immediately prior to the Effective Time (other than (x) shares of Chart Common Stock owned by Baker Hughes or any of its wholly owned subsidiaries or by Chart or any of its wholly owned subsidiaries or (y) shares of Chart Common Stock owned by stockholders who have properly exercised and perfected appraisal rights under Delaware law, in each case immediately prior to the Effective Time), was canceled and extinguished a
Quoted from Chart Industries Inc's Form 8-K.
This is the only completed acquisition Baker Hughes Company reported under Item 2.01 in the last twelve months, as far as the filings of the companies it bought show.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.
