Carrier Global Corporation to sell security business to Honeywell for $5bn

Carrier Global Corporation to sell security business to Honeywell for $5bn

In a major development in the technology and security solutions sector, Carrier Global Corporation (NYSE: CARR) has entered into a definitive agreement to sell its security business, Global Access Solutions, to Honeywell (NASDAQ: HON) for an enterprise value of $4.95 billion. This transaction, representing approximately 17 times the expected 2023 EBITDA, marks a successful first […]