Reported about 16 hours ago
Chart Industries and Flowserve Corporation recently announced a merger that promises significant revenue and cost synergies, making both companies attractive investments despite their recent stock price declines. This merger aims to strengthen their positions in growing markets such as LNG and nuclear energy, with projected cost savings of $300 million. Both companies are currently trading at low valuations, suggesting they could offer substantial returns as they capitalize on the accelerating demand for clean energy.
Source: YAHOO