Carrier Global Completes Sale Of Industrial Fire Business To Sentinel Capital Partners For An Enterprise Value Of $1.425B
Portfolio Pulse from Benzinga Newsdesk
Carrier Global has completed the sale of its industrial fire business to Sentinel Capital Partners for an enterprise value of $1.425 billion.
July 02, 2024 | 10:58 am
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Carrier Global has successfully sold its industrial fire business to Sentinel Capital Partners for $1.425 billion. This divestiture allows Carrier to focus on its core businesses and potentially improve its financial position.
The sale of the industrial fire business for $1.425 billion is a significant move for Carrier Global. This divestiture allows the company to streamline its operations and focus on its core businesses, which could lead to improved financial performance and investor confidence in the short term.
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