Carrier Global Announced It Has Completed The Sale Of Its Commercial Refrigeration Business To Its Decades-long Joint Venture Partner Haier For An Enterprise Value Of $775M, Including Approximately $200M Of Net Pension Liabilities
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Carrier Global has completed the sale of its commercial refrigeration business to Haier for $775 million, including $200 million of net pension liabilities.
October 02, 2024 | 11:21 am
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Carrier Global has sold its commercial refrigeration business to Haier for $775 million, which includes $200 million in net pension liabilities. This divestiture could streamline Carrier's operations and improve its financial position.
The sale of the commercial refrigeration business allows Carrier Global to focus on its core operations and potentially improve its financial health by offloading $200 million in pension liabilities. This strategic move is likely to be viewed positively by investors, leading to a potential short-term increase in stock price.
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