APi Group Acquisition of Chubb Fire & Security Business Call Summary - Thomson StreetEvents

APi Group Acquisition of Chubb Fire & Security Business Call Summary

APi Group Acquisition of Chubb Fire & Security Business Call Summary - Thomson StreetEvents
APi Group Acquisition of Chubb Fire & Security Business Call Summary
Published Jul 27, 2021
14 pages (7453 words) — Published Jul 27, 2021
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About This Report

  
Abstract:

Edited Brief of CARR.N M&A conference call or presentation 27-Jul-21 1:00pm GMT

  
Brief Excerpt:

...APi Group Corporation entered into definitive agreement to acquire Chubb Fire & Security Group from CARR for approx. $3.1b....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Carrier Global Corp
Ticker
CARR.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Patricia Smart Gorman - Barclays Bank PLC, Research Division - Analyst : This is Trish on for Julian. So just maybe following up on certain liabilities. I was just wondering, I think that, that business that Carrier had historically had some AFFF kind of PFAS-type liabilities. Is that in any of those liabilities that you guys are assuming?

Question: Patricia Smart Gorman - Barclays Bank PLC, Research Division - Analyst : Yes. I just think historically that business under Carrier and UTC had some AFFF kind of environmental liabilities with PFAS. I was just wondering if that's in any of the $200 million that you guys are assuming.

Question: Patricia Smart Gorman - Barclays Bank PLC, Research Division - Analyst : Okay. Great. And then I know you guys mentioned kind of improving the mix. But right now, are there any areas or regions or product lines, I don't know if you can talk through, but that might be non-core this business that you might think about perhaps being (inaudible) best to reach your targets?

Question: Patricia Smart Gorman - Barclays Bank PLC, Research Division - Analyst : Great. And then just one last one for me. Do you guys have any target ROIC on this deal? Is kind of high single digit in year 5 a reasonable assumption?

Question: Patricia Smart Gorman - Barclays Bank PLC, Research Division - Analyst : The ROIC, return on invested capital on this deal?

Table Of Contents

Carrier Global Corp at Morgan Stanley Laguna Conference (Virtual) Transcript – 2021-09-14 – US$ 54.00 – Edited Transcript of CARR.N presentation 14-Sep-21 5:30pm GMT

Carrier Global Corp at Jefferies Industrials Conference (Virtual) Transcript – 2021-08-04 – US$ 54.00 – Edited Transcript of CARR.N presentation 4-Aug-21 1:00pm GMT

Carrier Global Corp Q2 2021 Earnings Call Summary – 2021-07-29 – US$ 54.00 – Edited Brief of CARR.N earnings conference call or presentation 29-Jul-21 12:30pm GMT

Carrier Global Corp Q2 2021 Earnings Call Transcript – 2021-07-29 – US$ 54.00 – Edited Transcript of CARR.N earnings conference call or presentation 29-Jul-21 12:30pm GMT

APi Group Acquisition of Chubb Fire & Security Business Call Transcript – 2021-07-27 – US$ 54.00 – Edited Transcript of CARR.N M&A conference call or presentation 27-Jul-21 1:00pm GMT

Carrier Global Corp at Wolfe Research Global Transportation & Industrials Conference (Virtual) Transcript – 2021-05-25 – US$ 54.00 – Edited Transcript of CARR.N presentation 25-May-21 3:10pm GMT

Carrier Global Corp Presenting at Goldman Sachs Industrials and Materials Conference (Virtual) Transcript – 2021-05-11 – US$ 54.00 – Edited Transcript of CARR.N presentation 11-May-21 5:50pm GMT

Carrier Global Corp Q1 2021 Earnings Call Summary – 2021-04-29 – US$ 54.00 – Edited Brief of CARR.N earnings conference call or presentation 29-Apr-21 1:00pm GMT

Carrier Global Corp Q1 2021 Earnings Call Transcript – 2021-04-29 – US$ 54.00 – Edited Transcript of CARR.N earnings conference call or presentation 29-Apr-21 1:00pm GMT

Carrier Global Corp at JPMorgan Industrials Conference (Virtual) Transcript – 2021-03-16 – US$ 54.00 – Edited Transcript of CARR.N presentation 16-Mar-21 12:50pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "APi Group Acquisition of Chubb Fire & Security Business Call Summary" Jul 27, 2021. Alacra Store. May 14, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/APi-Group-Acquisition-of-Chubb-Fire-Security-Business-Call-B14933097>
  
APA:
Thomson StreetEvents. (2021). APi Group Acquisition of Chubb Fire & Security Business Call Summary Jul 27, 2021. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/APi-Group-Acquisition-of-Chubb-Fire-Security-Business-Call-B14933097>
  
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