Chart Industries shares are trading higher after the company announced it signed a definitive agreement to sell its Roots business to Ingersoll Rand for $300 million.
Portfolio Pulse from Benzinga Newsdesk
Chart Industries announced the sale of its Roots business to Ingersoll Rand for $300 million, leading to an increase in Chart Industries' share price.
June 12, 2023 | 5:04 pm
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Chart Industries' shares are trading higher after selling its Roots business to Ingersoll Rand for $300 million.
The sale of the Roots business to Ingersoll Rand for $300 million is a significant transaction for Chart Industries, which is likely to have a positive impact on its share price in the short term. The news directly pertains to Chart Industries and is important for investors.
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