Honeywell to acquire Carrier Global's security/access division for $4.95B

Honeywell is buying Carrier Global Corp.'s Global Access Solutions security division (LenelS2, Onity, Supra brands) in a $4.95 billion all-cash deal to strengthen its building automation capabilities. Carrier expects ~$4 billion in net proceeds to pay down debt.

“Honeywell is buying Carrier Global Corp.'s security division for $4.95 billion as it looks to strengthen its building automation capabilities.”

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