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.
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
The feasibility study is expected to conclude by mid-2025, marking a critical step towards achieving large-scale ...
Honeywell will split into three separate businesses, starting with Advanced Materials in late 2025, followed by Honeywell ...
The aerospace division is Honeywell's biggest and best standalone business. It generated over $15 billion in annual sales with margins of 26%. It counts both Boeing (BA) and Airbus (EADSY) as ...
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be ...
One of America’s last big industrial conglomerates is preparing for a three-way split, following General Electric and others.
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