EU to decide on Baker Hughes Chart deal by June 26
EU antitrust regulators will determine by June 26 whether to approve the 13.6 billion dollar acquisition of Chart Industries by Baker Hughes. The European Commission may clear the deal or launch a full investigation into the industrial technology merger.
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BAKER HUGHES CO will receive a decision from EU antitrust regulators on its $13.6 billion acquisition of CHART INDUSTRIES INC by June 26. The deal, first announced in July 2024, aims to expand industrial technology services for liquefied natural gas and data centers. Investors are monitoring whether the European Commission demands concessions or opens a full-scale investigation into the acquisition.
