Baker Hughes Nears $13.6 Billion Deal for Chart, FT Reports

Baker Hughes Co. is nearing a $13.6 billion cash deal to buy Chart Industries Inc., according to a report in the Financial Times.

The deal values Chart’s equity at $210 a share, giving it an equity value of about $10 billion, according to the newspaper, which cited people familiar with the transaction it didn’t identify. The agreement will likely be announced in the coming days, they said, adding that it was not final and could change.