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Carrier Global Corp (NYSE: CARR) has agreed to acquire Toshiba Corp’s (OTC: TOSBF) 55% stake in Toshiba Carrier Corporation (TCC), a variable refrigerant flow (VRF) and light commercial HVAC joint venture. The enterprise value for 55% of TCC shares is around ¥100 billion (~$870 million).
...read full article on Benzinga
