Honeywell (HON) announced that its board of directors completed the business portfolio evaluation launched a year ago by chairman and CEO Vimal Kapur and intends to pursue a full separation of ...
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in ...
The announcement comes less than three months after activist investor Elliott Investment Management built a stake worth more than $5 billion in Honeywell, with the goal of pushing for a breakup of ...
Honeywell to split into three companies by 2026 for portfolio optimization. Q4 revenue rose 7% Y/Y to $10.09B, beating estimates. NOW OPEN: 200 Charter Memberships to Benzinga Trade Alerts ...
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 (HON) is preparing to split into three independent companies following similar moves by GE (GE) and others, The Wall Street Journal’s Lauren Thomas and Sharon Terlep report, citing ...
Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...
Honeywell International Inc. (NASDAQ:HON) shares are trading lower after the company reported fourth-quarter results and disclosed the separation of the Automation and Aerospace business.
Honeywell Aerospace will remain headquartered in Phoenix after being spun off from Honeywell International. The tax-free spinoff will result in three separate, publicly listed companies, each ...
Honeywell is one of the last industrial conglomerates in America. Now, it will join the ranks of others and split into three separate companies. Honeywell, a major American industrial ...
Feb 7 (Reuters) - Engineering firm Honeywell Automation India (HONE.NS), opens new tab reported a weak third-quarter profit growth on Friday, hurt by slowing infrastructure demand due to sluggish ...