Baker Hughes (BKR) “announced that shareholders of Chart Industries approved the pending acquisition by Baker Hughes. The completion of this transaction, anticipated for mid-year 2026 pending regulatory approvals, represents a significant step forward in Baker Hughes’ strategy to position itself as a premier energy and industrial technology company. In connection with the acquisition, the Baker Hughes Board of Directors continues its review of additional value creation opportunities. The Company also reaffirms its third-quarter and full-year 2025 guidance as provided on July 23, 2025.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR:
- Baker Hughes price target raised to $48 from $46 at UBS
- Cautious Optimism for Baker Hughes Amid Strategic Moves and Valuation Concerns
- Baker Hughes reports U.S. rig count unchanged at 549 rigs
- Looking Slick: Are Energy Stocks Too Cheap to Avoid?
- Baker Hughes to supply liquefaction train equipment for Port Arthur LNG project