Carrier to acquire Linde Refrigeration for ~$390M after EC approval

Carrier Corp., a division of United Technologies, received European Commission approval for its acquisition of Linde Refrigeration (a division of Linde AG) for approximately $390 million, with closing expected within three months.

“Under the agreement, Carrier will acquire Linde Refrigeration for approximately $390 million, which includes estimated debt upon closing. Linde Refrigeration employs 6,300 people with annual sales of approximately $1 billion.”

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