Chart Industries and Flowserve to merge in all-stock deal

New entity aims to become a global leader in industrial process technologies

Chart Industries, Inc. and Flowserve Corporation announced June 4 that they will merge in an all-stock transaction, creating a process technology powerhouse with an estimated enterprise value of $19 billion. The combination, billed as a “merger of equals,” unites two industrial leaders with complementary capabilities across compression, thermal, cryogenic, and…

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