Chart Industries and Flowserve to merge in an about $19 billion deal

Chart Industries

04/06/2025 12:59

June 4 (Reuters) - U.S.-based equipment manufacturer Chart Industries GTLS.N and Flowserve Corp FLS.N said on Wednesday they will merge in an all-stock deal expected to have an enterprise value of about $19 billion.

     Chart shareholders will receive 3.165 shares flow control systems maker Flowserve's common stock for each share of Chart owned, the companies said.

 (Reporting by Anshuman Tripathy in Bengaluru; Editing by Leroy Leo)

 ((Anshuman.Tripathy@thomsonreuters.com;))