Honeywell to acquire Carrier Global's security/building-automation division for ~$4.95B

Honeywell agreed to buy Carrier Global's Global Access Solutions security division (LenelS2, Onity, Supra) in an all-cash deal valued at about $4.95 billion; Carrier expects ~$4 billion 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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