Carrier Global is in advanced talks to acquire Germany’s Viessmann for more than $10B including debt, Lauren Thomas, Laura Cooper and Ben Dummett of Wall Street Journal report, citing people familiar with the matter. A cash-and-stock deal could be announced as soon as this week, sauces told the Journal.. The move is part of a transformation under way at Carrier, which is also working on a plan to sell or spin off its Fire & Security business segment, the paper noted. Shares of Carrier Global are down 6% to $42.65 following the report. Reference Link
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