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Carrier Global adds 6% after deal to sell security unit to Honeywell for $4.95B

December 8, 2023 7:11 AM EST

Honeywell (NASDAQ: HON) announced its acquisition of Carrier Global Corporation's (NYSE: CARR) Global Access Solutions business in an all-cash transaction valued at $4.95 billion.

CARR shares rose 5.9% on the news while HON fell 0.9%.

The purchase price reflects approximately 13... More