Brief: Chart Industries Divests American Fan To Fairbanks Morse Defense

Chart Industries

27/10/2023 11:39

Oct 27 (Reuters) - Chart Industries Inc  GTLS.N :
    * CHART INDUSTRIES DIVESTS AMERICAN FAN TO FAIRBANKS MORSE
DEFENSE
    * CHART INDUSTRIES INC - TRANSACTION BRINGS OUR 2023
PROCEEDS FROM
DIVESTITURES TO APPROXIMATELY $500 MILLION FOR DEBT REDUCTION
    * CHART INDUSTRIES INC - PROPOSED DEAL FOR $111 MILLION
    * CHART INDUSTRIES INC - ALL EMPLOYEES OF AMERICAN FAN WILL
BE
OFFERED OPPORTUNITY TO CONTINUE EMPLOYMENT WITH FMD
    * CHART INDUSTRIES INC - CASH PROCEEDS HAVE BEEN USED FOR
DEBT
PAYDOWN

Source text for Eikon:  ID:nGNX18qCst 
Further company coverage:  GTLS.N 

 ((Reuters.Briefs@thomsonreuters.com;))