Baker Hughes pursues Chart merger clearance in a deal wort $13.6B

• Baker Hughes and Chart Industries are negotiating commitments with the European Commission to secure antitrust clearance.
• The proposed regulatory remedies are not expected to change the commercial benefits of the transaction.
• Both corporations maintain their target timeline to finalize the merger in July 2026.

Baker Hughes (NASDAQ:BKR) is discussing potential commitments with the European Commission to clear its acquisition of Chart Industries (NYSE:GTLS).

This regulatory phase follows the corporate submission of a Form CO filing to the European Union on May 21, 2026.

The companies stated that the proposed commitments will not materially impact the commercial benefits of the merger.

These ongoing talks include a structured extension of the initial Phase I review timeline.

Following the announcement, Chart Industries' share price was unchanged at $207.99.

The original merger agreement between the two energy corporations was established on July 28, 2025.

Management continues to expect the transaction to close in July 2026, subject to customary conditions.