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APi Group to buy Chubb Fire & Security Business for $3.1B

July 27, 2021SSN Staff

NEW BRIGHTON, Minn.—APi Group Corp. announced that it has entered into a definitive agreement to acquire the Chubb Fire & Security Business from Carrier Global Corp. for an enterprise value of $3.1 billion, which is comprised of $2.9 billion cash and approximately $200 million of assumed liabilities and other adjustments. Headquartered in the United Kingdom, Chubb has approximately 13,000 employees globally and a sales and service network spanning 17 countries serving more than 1.5...

APi Group Corp., Chubb Fire & Security Business, M&A

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