Oil and gas equipment supplier Baker Hughes has clinched a $13.6bn all-cash deal to buy Chart Industries, gatecrashing an earlier agreement to merge with rival Flowserve.

Baker Hughes Co. agreed to buy industrial equipment maker Chart Industries Inc. for about $9.6 billion in cash, expanding the oilfield service giant’s reach into liquefied natural gas, data centers and other technologies.

By Tanay Dhumal and David French (Reuters) -Oilfield services firm Baker Hughes said on Tuesday it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously-agreed merger offer that Chart struck with rival Flowserve last month.