APi Group Corporation (APG) Confirms Deal to Acquire Carrier's (CARR) Chubb Fire & Security Business for $3.1 Billion

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Carrier Global (CARR) Approves $1.75B Share Buyback

July 29, 2021 6:32 AM EDT

Carrier Global Corporation's (NYSE: CARR) Board of Directors approved a $1.75 billion stock repurchase authorization.... More

Carrier Global (CARR) PT Raised to $58 at Cowen on Chubb Divestment

July 27, 2021 9:37 AM EDT

Cowen analyst Gautam Khanna raised the price target on Carrier Global (NYSE: CARR) to $58.00 (from $49.00) while maintaining an Outperform rating.

The analyst commented, "The planned Chubb divestment upgrades CARR's portfolio quality and enhances the balance sheet, although it appears to be modestly... More

APi Group (APG) Said Near $3B Takeover of Carrier's (CARR) Chubb - Bloomberg

July 27, 2021 6:21 AM EDT

APi Group Corporation (NYSE: APG) is nearing an acquisition of Carrier Global's (NYSE: CARR) fire-safety and security business Chubb for about $3 billion in cash, according to Bloomberg, citing people familiar with he matter. A deal could be announced Tuesday.

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