Baker Hughes’ $13.6 Billion Chart Deal Gets EU Timing Shift—Why BKR Shares Moved
Baker Hughes shares fell 0.59% to $65.41 in early New York trading Friday after EU regulators set a June 26 deadline for reviewing its $13.6 billion takeover of Chart Industries. The broader U.S. indexes were higher at the time. The European Commission could clear the deal or launch a deeper probe. Baker Hughes aims to expand in LNG and industrial technology with the acquisition.