Post by Linklaters

📢 A cross-border and multi-jurisdictional team led by Derek Tong, Anna Mitchell, Matthew Devey and Dr. Julia Schönbohm has advised Carrier on the sale of its global commercial refrigeration business to its long-time joint venture partner Haier for $775 million, including approximately $200 million of net pension liabilities. The sale follows last week’s announcement that Carrier has sold its security business, Global Access Solutions to Honeywell, for an enterprise value of $4.95bn, which the firm also advised on.