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0 0 0.0084033613445377 0.0084033613445377 0.00400775694893345 -0.00323206205559147 -0.00730446024563687 -0.00930833872010341
Stock impact report

Carrier Completes Strategic Portfolio Transformation with Closing of $3B Sale of its Commercial and Residential Fire Business [Yahoo! Finance]

Carrier Global Corporation (CARR) 
Company Research Source: Yahoo! Finance
solutions, today announced it has completed the sale of its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion "The sale of our Commercial and Residential Fire business is the final step in our strategic portfolio transformation, further simplifying and focusing our company, and strengthening our global leadership position in intelligent climate and energy solutions," said Carrier Chairman & CEO David Gitlin . "As we enter 2025, we are laser-focused on our customers, growth, innovation and execution. We are deeply committed to delivering unparalleled value for our customers, shareowners and employees as a higher-growth, pure-play company dedicated to improving lives and creating a more sustainable world for generations to come." Today's closing marks the culmination of Carrier's strategic portfolio transformation, which also included the acquisition of Viessmann Climate Solutions and the divestitures of its Industrial Show less Read more
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