Germany Watching Carrier’s €12 Billion Takeover of Green Firm

Germany vowed to look into Carrier Global Corp.’s planned €12 billion ($13.2 billion) acquisition of most of family-owned manufacturer Viessmann as Europe’s biggest economy tries to safeguard green-technology jobs.

The US maker of air conditioners agreed to pay 80% of the purchase price in cash and the remainder in stock for Viessmann’s heating and cooling unit, which accounts for 85% of the group’s revenue. Berlin said Wednesday it’s in talks with both parties over the deal.

“It is important that the benefits of our energy policy, and profits generated by it, continue to benefit Germany as a business location,” Economy ...