# Flowserve terminates Chart Industries merger, receives $266 million payment

Flowserve terminated its merger agreement with Chart Industries and will receive a $266 million termination payment after declining to submit a revised offer, as Chart's board deemed a Baker Hughes proposal superior.

- Type: Acquisition
- Announced: 2025-07-29
- Value: $266.0M
- Status: cancelled
- Products: pumps, seals, valves, flow control products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Flowserve](https://endata.com/companies/911.md)
- [Chart Industries](https://endata.com/companies/1608.md) (partner)
- [Chart Industries](https://endata.com/companies/1608.md) (target)
- [Baker Hughes](https://endata.com/companies/1895.md) (investor)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/Flowserve+terminates+Chart+Industries+merger%2C+receives+%24266+million/25108882.html), 2025-07-29: "Flowserve Corporation (NYSE: FLS) terminated its merger agreement with Chart Industries Inc. (NYSE: GTLS) and will receive a $266 million termination payment."
- [barchart.com](https://www.barchart.com/press-releases/33704955/flowserve-corporation-terminates-merger-with-chart-industries), 2025-07-29: "Flowserve will receive a $266 million termination payment."
- [valve-world-americas.com](https://valve-world-americas.com/tag/merger-agreement/), 2025-08-04: "Flowserve recently announced the termination of its previously announced merger agreement with Chart Industries, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.