Carrier to buy added stake in air conditioning JV from Toshiba in ¥100B deal

Feb. 06, 2022 10:50 PM ETCarrier Global Corporation (CARR), TOSBFTOSYYBy: Carl Surran, SA News Editor4 Comments

An HVAC on the exterior of a building

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Carrier (NYSE:CARR) says it agreed to acquire nearly all of Toshiba's (OTCPK:TOSBF, OTCPK:TOSYY) 60% stake in the Toshiba Carrier air conditioning joint venture for ~¥100B ($869M); the deal will reduce Toshiba's stake in the company

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