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Divestiture Sep 2020 · Palm Beach Gardens, Florida Verified

Carrier to sell ~7.7% stake in Beijer Ref via accelerated equity offering

Carrier Global Corporation announced its intention to sell approximately 9 million B shares of Beijer Ref AB, representing about 7.7% of outstanding B shares, through an accelerated equity offering. The final number of shares and price will be determined after a book-building process.

“On September 22, 2020, Carrier Global Corporation (“Carrier”) issued a press release announcing that it intends to sell approximately 9 million B shares of Beijer Ref AB (“Beijer Ref”), equal to approximately 7.7% of the outstanding B shares in Beijer Ref, through an accelerated equity offering.”

Entities

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

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