Carrier Global Corp. has agreed to sell its global commercial refrigeration business to Haier Group Corp. for $775 million in a deal guided by a bevy of law firms. The transaction, announced Dec. 13, is expected to close in the second half of 2024. Palm Beach Gardens, Florida-based Carrier Global was represented by Linklaters and a Paul, Weiss, Rifkind, Wharton & Garrison team including partner Laura Turano. Haier Group, which is based in Qingdao, China, was advised by Clifford Chance; King & Wood Mallesons; and a Baker McKenzie team led by corporate partners Alan Zoccolillo and Laura Estrada-Vasquez.
Retail & Consumer Goods
December 14, 2023, 11:40 AM