Daikin to acquire Goodman Global Group for $3.7 billion

Daikin Industries signed a definitive agreement to acquire Goodman Global Group for $3.7 billion, a deal long rumored in the HVAC industry, to expand Daikin's North American ducted residential presence. Expected to close Q4 2012, funded via internal funds, financing, bonds, and bank loans.

“What has been long rumored in the HVAC industry became official as Daikin Industries signed a definitive agreement to acquire Goodman Global Group for $3.7 billion.”

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