European Commission approves Baker Hughes acquisition of Chart Industries
The European Commission has cleared the proposed acquisition of Chart Industries by Baker Hughes, provided that specific conditions and commitments offered by the companies are fully met.
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The European Commission has officially approved the acquisition of US-based Chart Industries, Inc. by Baker Hughes Company under the EU Merger Regulation. According to the European Commission, the regulatory approval remains strictly conditional upon the companies maintaining full compliance with the commitments they have offered.
The announcement, issued by the European Commission, confirms that the deal between the two United States-headquartered companies may proceed following the satisfaction of these regulatory requirements. No further details regarding the nature of these commitments were provided in the initial release.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission