Carrier to acquire additional stake in Toshiba Carrier JV for 100 billion yen

Carrier agreed to acquire nearly all of Toshiba's 60% stake in the Toshiba Carrier air conditioning joint venture for approximately 100 billion yen ($869 million), reducing Toshiba's stake to 5%.

“Carrier says the deal will strengthen its position in one of the fastest-growing HVAC segments and scale its variable refrigerant flow product platform.”valuespectrum.com

• 1 source
• valuespectrum.comCarrier to buy added stake in air conditioning JV from Toshiba in ¥100B deal | Valuespectrum.comMar 22, 2022

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