Lone Star Joins Firms Opening Up in Abu Dhabi's Finance Hub [Yahoo! Finance]
Carrier Global Corporation (CARR)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg As Wars Rage, Cities Face a Dark New Era of Urban Destruction Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams The firm, which has capital commitments of $95 billion, has received in principle approval to establish an office in the emirate's financial center, according to a statement. Lone Star will use the city as a base to expand the presence of its portfolio companies in the Middle East. Abu Dhabi sits on 6% of the world's proven oil reserves, is home to the world's richest family and boasts sovereign wealth funds that manage $1.7 trillion in assets. That's helped draw a cadre of hedge funds and venture capital firms, as well as billionaires like Ray Dalio to its burgeoning finance hub. Lone Star invests across equity, real estate, credit and other assets. It's currently working on a buyout of Carrier Global Corp.'s commercial and residential fire unit valued at $3 billion. Hudson Advisors, the asset management advisory firm that
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News
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- Carrier Global Co. (NYSE: CARR) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $96.00 price target on the stock.MarketBeat
- [Latest] Global Commercial HVAC Market Size/Share Worth USD 78,450.1 Million by 2033 at a 2.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value) [Yahoo! Finance]Latest
CARR
Earnings
- 10/24/24 - Miss
CARR
Sec Filings
- 12/20/24 - Form 8-K
- 12/3/24 - Form 8-K
- 12/2/24 - Form 8-K
- CARR's page on the SEC website