Honeywell Continues The Disaggregation Trend Amongst Aerospace Companies
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously indicated it would be spinning out its advanced materials business. The total split was prompted by an activist position taken by Elliott Investment Management in November of last year.
Honeywell to Split Up Aerospace, Automation Businesses
Honeywell—the massive industrial conglomerate that builds avionics, propulsion, navigation, and other systems for aircraft, rotorcraft, and spacecraft—is splitting its aerospace business into a separate company.
Honeywell to separate aerospace and automation businesses in latest corporate breakup
Honeywell said on Thursday it will separate its aerospace and automation segments into independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
Honeywell splits into 3 companies; aerospace headquarters to stay in Phoenix
Honeywell Aerospace will become a separate company with its headquarters still in Phoenix, officials confirmed after details of its parent company's breakup were announced Thursday morning. Honeywell International Inc.
Phoenix-based Honeywell Aerospace to go its own way amid company split
An activist investor's dream scenario has come to fruition with Honeywell's decision to break up the company. Here's how it will affect workers in Phoenix.
Honeywell to break up in latest corporate split after pressure from activist investor
Honeywell is splitting into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
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