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Honeywell to break up in latest corporate split
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.
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 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 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 split into three independently listed companies in latest corporate breakup
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.
Honeywell to break up aerospace, automation businesses after investor push
The Charlotte-based conglomerate announced today during its fourth-quarter earnings call that it would separate its automation and aerospace businesses. The action comes after Honeywell announced in December it would consider the separation after calls to do so in November from Elliott Investment Management.
Honeywell, Phoenix
Honeywell is creating a separate company with Phoenix HQ. What to know
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be headquartered in Phoenix, company officials announced Thursday.
Honeywell, one of the few remaining US industrial conglomerates, will split into three 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 to bring Phoenix a new public company. What it means to Arizona
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.
Marketplace
5m
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 ...
3h
Honeywell Automation India reports lacklustre profit growth on slowing demand
Engineering firm Honeywell Automation India reported a weak third-quarter profit growth on Friday, hurt by slowing ...
23h
Why legendary industrial giant Honeywell is breaking up
Kapur joined Honeywell in 1989, rising through the ranks of the building automation business and assuming the CEO position ...
GovCon Wire
4h
Honeywell Unveils Plan to Separate Automation, Aerospace Tech Businesses
Read about Honeywell's plan to separate aerospace and automation businesses into independent publicly listed entities as part ...
manilatimes
1h
Honeywell to break up
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 ...
20h
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 ...
18h
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 ...
Axios on MSN
19h
Unclear what Honeywell's split will mean for Charlotte HQ
Honeywell, the industrial conglomerate that moved its headquarters to Charlotte from New Jersey in 2019, is splitting into ...
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