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Honeywell to Break Up
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.
Honeywell to split in three after pressure from activist investor
Honeywell said it will split into three companies. The aerospace giant said it will separate its aerospace, automation and advanced materials units into distinct entities in 2026.
Honeywell to Break Up After Pressure From Activist Elliott
Honeywell International Inc. will split into separate publicly traded companies following pressure from an activist investor, the latest in a line of industrial conglomerates seeking a more streamlined portfolio.
Honeywell to split into 3 smaller companies
Honeywell to split into three smaller companies
Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa.
Honeywell split will break up one of last American conglomerates
Charlotte-based Honeywell has announced it will be splitting into three companies — one focused on advanced materials production, another on industrial and building automation, and another on the aerospace industry.
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.
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7h
Honeywell to spin out automation, aerospace businesses
Honeywell plans to complete its separation into autonomy, aerospace and defense, and advanced materials companies in the ...
9h
Honeywell to split into smaller companies
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Honeywell to Break Up in Bid to Recreate Some GE Magic
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
7h
on MSN
Spinoff trends like Honeywell's will continue, says Wolfe Research's Chris Senyek
CNBC’s Seema Mody and Chris Senyek, Wolfe Research chief investment strategist, join 'Power Lunch' to discuss the Honeywell ...
11h
on MSN
Honeywell to Break Into 3 as It Seeks GE Magic. The Stock Drops After Earnings Beat.
Honeywell International is trying to pull a GE, breaking up into three companies in an effort to unlock shareholder value.
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