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, 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 Stock Drops on Company Split, 2025 Guidance
Honeywell International (HON) stock is falling after the company announced plans to split into three separate divisions and a soft 2025 forecast
Honeywell Stock Is at the Bottom Of the Dow After Split News
Honeywell is the worst Dow Jones stock Thursday as the industrial conglomerate's weak outlook offsets news that it is splitting into three separate companies.
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 announces three-way split
Honeywell shares were up 5 per cent in pre-market trading in New York. The break-up announcement comes after pressure last year from Elliott, which had called on Honeywell to end its conglomerate structure and split itself into two.
Honeywell to separate aerospace and automation businesses in latest corporate breakup
Honeywell said on Thursday it will separate its aerospace and automation segments into independently listed companies, ...
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Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
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