Carrier completes $3B sale of Fire business to Lone Star; final portfolio transformation step

CARRIER GLOBAL Corp

Completed sale of Commercial & Residential Fire business to Lone Star Funds affiliate for $3B enterprise value.
Estimated net proceeds of ~$2.2B to fund share repurchases, including at least $1B accelerated share repurchase.
Sale finalizes Carrier's portfolio transformation; CEO cites focus on climate & energy solutions.

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