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Carrier Global has signed a binding agreement to acquire Toshiba Corporation's ownership stake in Toshiba Carrier Corporation, a VRF and light commercial HVAC joint venture, a deal projected to more than double Carrier's VRF sales.
“Carrier Global Corporation today signed a binding agreement to acquire Toshiba Corporation's ownership stake in Toshiba Carrier Corporation (TCC), a variable refrigerant flow (VRF) and light commercial HVAC joint venture with Carrier.”corporate.carrier.com
Summarized from public sources; check the original articles before acting on it.