Baker Hughes to buy Chart in $13.6 billion deal
Summary by energynewsbeat.co
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1 Articles
Baker Hughes to buy Chart in $13.6 billion deal
Baker Hughes announced on Tuesday that it will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion. Also, Baker Hughes has secured fully committed bridge debt financing to fund the transaction, provided by Goldman Sachs Bank USA, Goldman Sachs Lending Partners, and Morgan Stanley Senior Funding, which is expected to be replaced with permanent debt financing pr…
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