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Divestiture Sep 2020 · Palm Beach Gardens, Florida Verified

Carrier Sells 7.9% Stake in Beijer Ref via Accelerated Equity Offering

Carrier Global Corporation sold 9.25 million B shares of Beijer Ref AB, representing approximately 7.9% of the outstanding Class B shares, through an accelerated equity offering. The shares were priced at SEK 290 per share. Following the sale, Carrier retains approximately 26% of the total votes in Beijer Ref.

“On September 22, 2020, Carrier Global Corporation (“Carrier”) issued a press release announcing that it sold 9.25 million B shares of Beijer Ref AB (“Beijer Ref”), equal to approximately 7.9% of the outstanding Class B shares, through its previously announced accelerated equity offering.”

Entities

Beijer Ref · Subsidiary Carrier Global Corporation · Parent
HVACRefrigeration Sentiment: Neutral

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