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BRIEF-Carrier Announces Agreement To Sell Commercial And Residential Fire Business To An Affiliate Of Lone Star Funds For $3 Bln
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BRIEF-Carrier Announces Agreement To Sell Commercial And Residential Fire Business To An Affiliate Of Lone Star Funds For $3 Bln
Aug 15, 2024 4:31 AM

Aug 15 (Reuters) - Carrier Global Corp ( CARR ):

* CARRIER ANNOUNCES AGREEMENT TO SELL COMMERCIAL AND

RESIDENTIAL

FIRE BUSINESS TO AN AFFILIATE OF LONE STAR FUNDS FOR $3 BILLION

* CARRIER GLOBAL CORP ( CARR ) - SELLS FIRE BUSINESS TO LONE STAR FOR

$3

BILLION

* CARRIER GLOBAL CORP ( CARR ): EXPECTS TO REDEPLOY ESTIMATED $2.2

BILLION

IN NET PROCEEDS FROM TRANSACTION TOWARDS SHARE REPURCHASES

Source text for Eikon:

Further company coverage:

([email protected])

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