Carrier (UTC) to acquire Linde AG Refrigeration Division for ~$305 million

United Technologies' Carrier subsidiary reached a definitive agreement to acquire Linde AG's Refrigeration Division for approximately $305 million plus assumption of pension obligations, subject to regulatory approval.

“HARTFORD, Conn. - United Technologies Corp. announced that its Carrier subsidiary has reached a definitive agreement to acquire Linde AG's Refrigeration Division for approximately $305 million, including estimated debt on closing. In addition, Carrier agreed to assume approximately $85 million of pension and related obligations. The transaction is subject to regulatory approvals.”

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