Announced
Completed
Synopsis
United Technologies, an American multinational conglomerate, completed the spin-off of Otis, a manufacturer of elevators, escalators and moving walkways, and Carrier, a global provider of innovative HVAC, refrigeration, fire, security and building automation technologies, in a $31bn deal. "Our decision to separate United Technologies is a pivotal moment in our history and will best position each independent company to drive sustained growth, lead its industry in innovation and customer focus, and maximize value creation," Gregory Hayes United Technologies Chairman and CEO.
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.