secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001140361-24-037426
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carrier agrees to sell Commercial & Residential Fire business to Lone Star Funds for $3B
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- Enterprise value of $3 billion; expected close by end of 2024 subject to regulatory approvals.
- Net proceeds of ~$2.2 billion to be used for share repurchases.
- This completes all planned divestitures; combined value >$10 billion at mid-teens EBITDA multiple.
- Carrier has reduced net debt by >$5 billion this year after Viessmann acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000114036124037426/0001140361-24-037426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000114036124037426/ef20034164_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-037426

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer