Flowserve Merger Abandoned in Favor of Baker Hughes Acquisition by Chart Industries, According to Company Announcement
In a recent episode of the 1895 Podcast, the discussions revolved around the significant developments between Flowserve, Chart Industries, and Baker Hughes. The terminated merger between Flowserve and Chart Industries led to a counter bid, which eventually resulted in Baker Hughes acquiring Chart Industries.
This podcast delved into the implications of these developments for various sectors, including industrial gas and clean energy. The discussion focused on the potential impact on both Flowserve and Chart Industries, as well as the broader industrial gas sector and the clean energy sector.
The podcast episode also explored the implications for the clean energy sector, a sector that is rapidly growing and increasingly crucial in today's world. The acquisition of Chart Industries by Baker Hughes could potentially reshape the clean energy landscape, given Chart Industries' significant presence in the liquefied natural gas (LNG) sector.
The counter bid and subsequent acquisition were made by Baker Hughes, a corporation known for its expertise in oilfield equipment and services. The name of the corporation that made counterbids and subsequently acquired Baker Hughes after the collapse of the Flowserve and Chart Industries merger is Caisse de dépôt et placement du Québec (CDPQ).
The podcast is available on various platforms, making it easily accessible for listeners worldwide. To listen to the episode, simply click this link. Whether you're interested in the industrial gas sector, clean energy, or simply want to stay informed about significant business developments, this episode of the 1895 Podcast is worth a listen.
