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Industrial giant Honeywell announces split into 3 companies
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 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.
Marketplace
9h
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 ...
Flying
7h
Honeywell to Split Up Aerospace, Automation Businesses
Honeywell—the massive industrial conglomerate that builds avionics, propulsion, navigation, and other systems for aircraft, ...
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