Carrier announces close of $1.425b sale of its industrial fire business

Net proceeds of approximately $1.1b expected to be used to pay down debt global commercial refrigeration sale expected to close by the end of q3 sale process of commercial and residential fire progressing as expected palm beach gardens, fla. , july 2, 2024 /prnewswire/ --  carrier global corporation (nyse: carr), global leader in intelligent climate and energy solutions, today announced it has completed the sale of its industrial fire business to sentinel capital partners for an enterprise value of $1.425 billion.
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