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 splits into 3 companies; aerospace headquarters to stay in Phoenix
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 focused on distinct industries.
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be ...
Honeywell—the massive industrial conglomerate that builds avionics, propulsion, navigation, and other systems for aircraft, ...
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
US industrial conglomerate Honeywell to spin off its aerospace and automation businesses at the behest of activist investors ...
Honeywell will split into three separate businesses, starting with Advanced Materials in late 2025, followed by Honeywell ...
Read about Honeywell's plan to separate aerospace and automation businesses into independent publicly listed entities as part ...
Investors and management teams interested in corporate breakups should remember that business execution still matters more ...
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