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Carrier Inks $1.4B Fire Biz Deal As Part Of Strategic Exit Plan

Law 360

Carrier Global Corp. said Tuesday it has struck an agreement to sell its industrial fire business to Sentinel Capital Partners for $1.425 billion, the latest step in the company's strategic plan to sell off certain business units and focus on its core ventilation business.

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Carrier Inks $5B Deal To Sell Security Biz To Honeywell

Law 360

Carrier Global Corp. agreed to sell its security business, Global Access Solutions, to Honeywell at an enterprise value of $4.95 billion, the companies said in separate statements on Friday.

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Customs and Trade News Snapshot

Customs & International Trade Law

Here is a recap of the latest customs and international trade news: Customs and Border Protection (CBP) DHS announces two additional PRC-based companies as a result of forced labor enforcement. Less-than-truckload carrier Yellow Corp. Effective August 2, 2023, goods produced by Camel Group Co., and Chenguang Biotech Group Co.,

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Customs and Trade News Weekly Snapshot

Customs & International Trade Law

Department of Treasury Reminder: Starting January 1, 2024, many companies will be required to report information to the U.S. Collectively, these carriers account for 70% of Suez Canal-bound capacity. government about who ultimately owns and controls them.

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