Baker Hughes has completed its $13.6bn acquisition of Chart Industries, expanding its industrial portfolio and establishing Chart as its third operating segment. The transaction, initially announced in July 2025, forms part of Baker Hughes’ ongoing portfolio optimisation strategy and aims to support its ambitions for sustainable, long-term growth.
IFF announced that it has entered into an agreement with SuanNutra, a Carbyne Equity Partners portfolio company and global provider of science-backed branded and functional ingredients, to sell its portfolio of botanical extracts, vitamins and minerals, and food enhancement activities, including its range of natural colors and antioxidants and certain localized flavor activities in Peru.
ADM has appointed former Syngenta Group CEO Jeff Rowe as its new executive vice president and chief operating officer (COO), creating the role as part of efforts to strengthen its leadership team and accelerate the company’s long-term growth strategy.
AkzoNobel said the offer qualifies as an “Alternative Proposal” under its merger agreement with Axalta Coating Systems Ltd., which restricts the company from engaging with Nippon Paint. AkzoNobel also said the proposal significantly undervalues the Decorative Paints business and that it had previously communicated that position to Nippon Paint.
Both boards unanimously back the deal and are calling special virtual meetings on August 25, 2026 for shareholders to vote on the merger and related proposals, with a preferred ‘direct merger’ structure expected to improve capital structure efficiency and avoid potentially costly debt refinancings that would weigh on the combined group’s net income.
