secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000950142-23-001205
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier to acquire Viessmann Climate Solutions for EUR 12B in cash and stock
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- Base purchase price EUR 12B: EUR 9.6B cash + 58.6M Carrier shares (antidilution protected).
- Closing expected around end of 2023; subject to regulatory clearances, audited financials, and other conditions.
- Carrier obtained bridge loan commitment up to EUR 8.2B from JPMorgan and BofA to finance cash portion.
- Viessmann gets right to nominate one Carrier board member for 10 years if it holds at least 50% of share consideration.
- Seller grants exclusive worldwide license for 'Viessmann' trademarks for 40 years (renewable) with royalties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000095014223001205/0000950142-23-001205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000095014223001205/eh230352031_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-001205

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