EC conditionally approves $13.6bn Baker Hughes-Chart deal
The European Commission has conditionally approved Baker Hughes' $13.6 billion acquisition of Chart Industries after addressing competition concerns in the global liquefied natural gas (LNG) market. The approval is contingent on Baker Hughes divesting Chart Industries' proprietary IPSMR technology and small-scale process technology business, and maintaining equipment interoperability. These commitments are binding for ten years and will be monitored by an independent trustee.


















