Carrier Global Corporation, a world leader in HVAC, refrigeration, fire, security, and building automation industries, has been involved in a series of
major acquisitions, sales and investments, significantly impacting its financial position. This includes the acquisition of its Commercial and Residential Fire Business by Lone Star Funds for $3 billion and the sale of its Global Access Solutions Business worth $4.95B. The performance of Carrier's stocks have been strong overall, outperforming competitors on strong trading days and reducing the stake of some institutional investors like Minnesota Service Vermogensbeheer B.V. and Fifth Third Bancorp. The Carrier Corporation has also garnered attention for its strategic investments such as investment in Strategic Thermal Labs for
development of groundbreaking data center cooling technology. The company's financial condition appears sound after the announcement of promising Q1 2024 results. However, Carrier's decision to divest its Commercial Refrigeration to Haier has also drawn attention. Overall, Carrier Global Corporation's strategic actions, including asset selling, acquisitions, and investments point towards a
strong financial outlook.
Carrier Global Corporation CARR News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Mon, 26 Aug 2024 00:00:00 GMT -
Rating 7
- Innovation 1
- Information 8
- Rumor -5
