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Industrial giant Honeywell announces split into 3 companies

Reuters on MSN · 4d

Honeywell to split into three after pressure from activist investor

Honeywell said on Thursday it will split 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.

USA TODAY on MSN · 4d

Industrial giant Honeywell announces split into 3 companies after investor pressure

Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after investor pressure.

The Manila Times on MSN · 3d

Honeywell to split into 3 companies after Elliott Management takes $5 bn stake

Honeywell said it would separate its aerospace and automation businesses into separate entities, alongside its previously announced spin-off of the advanced materials unit

17h

Honeywell Stock Falls After Split News Despite GE’s Spin-Off Success

Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...

Like GE before it, Honeywell will spin off its aerospace unit to meet soaring demand

Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...

21hon MSN

BP Stock Jumps as Elliott Reportedly Builds Stake

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

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