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Divestiture Jul 2021 Verified

Carrier to sell Chubb fire and security business to APi Group

Carrier Global Corporation announced an agreement to sell its Chubb fire and security business to APi Group Corporation. The transaction was disclosed in an 8-K filing dated July 27, 2021.

“On July 27, 2021, Carrier Global Corporation issued a press release announcing that it has agreed to sell its Chubb fire and security business to APi Group Corporation.”

Entities

APi Group Corporation · Acquirer Carrier Global Corporation · Target
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.