Carrier Global Corporation (NYSE:CARR) acquired remaining 30% of stake in Guangdong Giwee Group Co., Ltd. on September 7, 2021. Carrier Global completed the acquisition of a 70% stake in Guangdong Giwee Group Co., Ltd. on June 1, 2021. The purchase price totaled as $174 million with aggregate cash paid for both the acquisitions, net of cash acquired, as $167 million and was funded through cash on hand. Carrier Global Corporation (NYSE:CARR) completed the acquisition of remaining 30% of stake in Guangdong Giwee Group Co., Ltd. on September 7, 2021.