Api group completes acquisition of chubb fire & security business

New brighton, minn.--(business wire)---- $apg--api group corporation (nyse: apg) (“apg”, “api” or the “company”) today announced that it has completed its previously announced acquisition of the chubb fire and security business (“chubb”) from carrier global corporation (nyse: carr) for an enterprise value of $3.1 billion, which is comprised of $2.9 billion cash and approximately $200 million of assumed liabilities and other adjustments. headquartered in the united kingdom, chubb has approximately 13,000
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