The company said it completed its acquisition of Chart Industries on July 16, 2026, with Merger Sub merged into Chart and Chart surviving as an indirect subsidiary of Baker Hughes, at an initial purchase price of $210 per share.

1. 01

   The company said it completed its acquisition of Chart Industries on July 16, 2026, with Merger Sub merged into Chart and Chart surviving as an indirect subsidiary of Baker Hughes, at an initial purchase price of $210 per share.

2. 02

   Baker Hughes put the preliminary purchase consideration at $14,806 million. It said the total consisted of cash consideration of $10,054 million, cash paid to settle Chart's third-party debt of $4,451 million, the Chart-Flowserve termination fee of $258 million, and other consideration for stock-based awards of $43 million.

3. 03

   In its preliminary purchase price allocation, Baker Hughes said it assigned $8,500 million to goodwill, $6,002 million to other intangible assets, $18,599 million to total assets acquired and $3,549 million to total liabilities assumed.

4. 04

   The company presented pro forma combined figures for the full year 2025, including total revenue of $31,647 million, net income attributable to Baker Hughes of $2,075 million and diluted income per share of $2.09. It said the figures are illustrative and assume the acquisition was completed on January 1, 2025.

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Original filing

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