Carrier Announces Close of $1.425B Sale of its Industrial Fire Business
CARRCarrier (CARR) Prnewswire·2024-07-02 18:55

Net proceeds of approximately $1.1B expected to be used to pay down debtGlobal Commercial Refrigeration sale expected to close by the end of Q3Sale process of Commercial and Residential Fire progressing as expectedPALM BEACH GARDENS, Fla., July 2, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its Industrial Fire business to Sentinel Capital Partners for an enterprise value of $1.425 billio ...