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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 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 to split into three companies, but stock drops as outlook disappoints
Honeywell plans to split into three separate companies, The Wall Street Journal reported on Thursday, news that sent shares surging.
Honeywell to pursue three-way company split
The industry giant announced its intent to separate its Aerospace and Automation businesses alongside an Advanced Materials offering.
6h
on MSN
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 ...
8h
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 ...
Zacks.com on MSN
5h
Honeywell Beats Q4 Earnings Estimates, Provides Spin-Off Update
HON's fourth-quarter results benefit from growth in commercial aftermarket, defense & space and process solutions. Softness ...
Flightglobal
4h
‘Conglomerates are out’: How Honeywell’s break up plan could revive aerospace business
Analysts think Honeywell's decision to spin its aerospace division into a new standalone company could be a recipe to fix a ...
The Robot Report
6h
Honeywell to spin out automation, aerospace businesses
Honeywell plans to complete its separation into autonomy, aerospace and defense, and advanced materials companies in the ...
2h
Honeywell, with significant operations in Twin Cities, will break into three companies
The once leading Minnesota corporation, now based in North Carolina, has been pressured by shareholders to split up.
3h
on MSN
These Stocks Are Moving the Most Today: Skyworks, Qualcomm, Lilly, Honeywell, Ford, Roblox, Peloton, Amazon, and More
Stocks turned lower on Thursday as a wave of corporate earnings failed to impress. The Dow Jones Industrial Average slipped ...
5h
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 ...
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