Baker Hughes wins conditional EU nod for $13.6 billion Chart deal | R…

Baker Hughes secured conditional EU antitrust approval for its $13.6 billion acquisition of Chart Industries, a maker of industrial equipment for LNG and data centre applications. The approval came after Baker Hughes agreed to divest Chart's small-scale LNG process technology business and ensure third-party interoperability of equipment for 10 years. If you make LNG or data-centre cooling equipment, Baker Hughes just bought your biggest competitor and the EU forced them to open their playbook to rivals for a decade. That interoperability mandate is your market entry window—call Chart's customers before their contracts convert.