From Quiver Quantitative: 2025-06-05 01:42:00

Chart Industries and Flowserve announced a $19 billion all-stock merger, with Chart shareholders receiving 3.165 Flowserve shares per Chart share. The deal is expected to close in Q4 2025, creating a global leader in industrial process technologies. The new entity will focus on aftermarket services, which will make up 42% of total revenue. Analysts and investors have responded positively, with both stocks trading higher. The merger aims to capitalize on demand for industrial cooling and fluid-handling solutions, driven by investments in AI, data centers, and infrastructure projects. The combined company plans to pursue additional acquisitions for growth.



Read more at Quiver Quantitative: Flowserve (FLS)-Chart Industries (GTLS) $19B All-Stock Merger Creates Powerhouse