Baker Hughes nears $13.6 billion deal to buy Chart over the head of rival suitor, FT reports

(Reuters) -Oil and gas equipment supplier Baker Hughes is close to a $13.6 billion cash deal to acquire U.S.-based equipment manufacturer Chart Industries (GTLS.N), the Financial Times reported on Monday, citing sources familiar with the matter.

This potential acquisition would supersede an earlier agreement between Chart Industries and Flowserve, a flow control systems maker, which announced in June an all-stock merger valuing the combined company at about $19 billion.

Baker Hughes, Chart Industries, and Flowserve did not immediately respond to Reuters request for comment .

(Reporting by Abu Sultan in Bengaluru; Editing by Tasim Zahid)