European Commission approves Haier's acquisition of Carrier Commercial Refrigeration

The European Commission approved Haier Smart Home's acquisition of Carrier Commercial Refrigeration for $775 million. The deal is expected to close in the second half of 2024.

“The European Commission has announced its approval of Chinese OEM Haier Smart Home’s acquisition of Carrier Commercial Refrigeration (CCR), noting that it “would not raise competition concerns, given the companies’ limited combined market position resulting from the proposed transaction.””naturalrefrigerants.com

• 2 sources
• naturalrefrigerants.comEuropean Commission Approves Haier’s Acquisition of Carrier Commercial Refrigeration · NaturalRefrigerants.comMichael HinesMay 23, 2024
• news.brgbuildingsolutions.comHaier to Acquire Carrier Commercial Refrigeration Following EU ApprovalMay 28, 2024

Summarized from public sources; check the original articles before acting on it.