European Investor
08 Nov 2025, 15:36
Baker Hughes-Chart Industries merger clears U.S. antitrust review
Baker Hughes Company (Nasdaq: BKR) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its planned acquisition of Chart Industries has expired as of 11:59 p.m. Eastern Time on November 6, 2025, marking a key regulatory milestone for the merger.
Under the merger agreement signed on July 28, 2025, Baker Hughes will acquire Chart through the merger of its wholly owned subsidiary, Tango Merger Sub, Inc., into Chart, which will continue as an indirect wholly owned subsidiary of Baker Hughes. Both companies continue to expect the deal to close in mid-2026, pending remaining customary closing conditions and other regulatory approvals.
The filing also included forward-looking statements cautioning that completion of the merger remains subject to various risks, including the ability to obtain required approvals, achieve expected synergies, and integrate operations efficiently.
Baker Hughes Company (Nasdaq: BKR) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its planned acquisition of Chart Industries has expired as of 11:59 p.m. Eastern Time on November 6, 2025, marking a key regulatory milestone for the merger.
Under the merger agreement signed on July 28, 2025, Baker Hughes will acquire Chart through the merger of its wholly owned subsidiary, Tango Merger Sub, Inc., into Chart, which will continue as an indirect wholly owned subsidiary of Baker Hughes. Both companies continue to expect the deal to close in mid-2026, pending remaining customary closing conditions and other regulatory approvals.
The filing also included forward-looking statements cautioning that completion of the merger remains subject to various risks, including the ability to obtain required approvals, achieve expected synergies, and integrate operations efficiently.
