Carrier Gets European Commission Approval To Complete Acquisition Of Viessmann Climate Solutions
Portfolio Pulse from Benzinga Newsdesk
Carrier has received the final regulatory clearance from the European Commission to complete its acquisition of Viessmann Climate Solutions. The transaction is set to close on January 2, 2024, subject to conditions to be met on the closing date.
December 18, 2023 | 11:48 am
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Carrier has obtained the necessary regulatory approval from the European Commission to proceed with the acquisition of Viessmann Climate Solutions, with the deal expected to close on January 2, 2024.
The final regulatory approval is a significant positive development for Carrier, removing a major hurdle in the acquisition process. This clearance is likely to be viewed favorably by investors, as it paves the way for Carrier to expand its climate solutions offerings. The news is expected to have a positive short-term impact on Carrier's stock price as it reflects progress in strategic growth initiatives.
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