Brief: Chart Industries Executes Definitive Agreement For Sale Of Roots Business For $300 Mln

Ingersoll Rand

12/06/2023 12:37

June 12 (Reuters) - Chart Industries Inc  GTLS.N :
    * CHART INDUSTRIES EXECUTES DEFINITIVE AGREEMENT FOR THE
SALE OF
ITS ROOTS™ BUSINESS TO INGERSOLL RAND
    * CHART INDUSTRIES INC - PROPOSED DEAL FOR $300 MILLION
    * CHART INDUSTRIES INC - REITERATING ITS FULL YEAR 2023
ANTICIPATED OUTLOOK FOR REVENUE, ADJUSTED EBITDA, ADJUSTED
EARNINGS PER SHARE
    * CHART INDUSTRIES INC -  REITERATING 2024 ADJUSTED EBITDA
OUTLOOK
FOR $1.3 BILLION
    * CHART INDUSTRIES INC - REITERATE OUR YEAR-ONE ANNUALIZED
COST
AND COMMERCIAL SYNERGY TARGETS OF $175 MILLION AND $150 MILLION

Source text for Eikon:  ID:nGNX11YXDW 
Further company coverage:  GTLS.N 

 (reuters.briefs@thomsonreuters.com)