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Honeywell to break up in latest corporate split
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 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, 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.
23h
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 ...
1d
Honeywell Q4 Earnings: Revenue And EPS Beat, Pursues Planned Split Into 3 Public Companies By 2026
Honeywell reports 4Q results, with revenue growing 7% Y/Y and announces separation of Automation and Aerospace business.
Marketplace
1h
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 ...
17h
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.
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