US EditionIndustrial mega-deal shows safe isn’t always sound
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Industrial mega-deal shows safe isn’t always sound
Flowserve and Chart’s $19 bln merger marries equals with little flair. Savings from combining cold storage, pumps and valves offer a boost as they chase AI and energy clients, yet shares fell. In a rocky market when breakups are as common as build-ups, M&A faces a tough audience.
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