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Johnson Matthey shares tank as Honeywell deal price slashed

By Frank Prenesti

Date: Monday 23 Feb 2026

(Sharecast News) - Shares in Johnson Matthey plunged on Monday after the company slashed almost half a billion pounds from the sale price of its catalyst technologies business to Honeywell after reports the American conglomerate was thinking about walking away from the deal.
Honeywell will now pay £1.33bn, down from the...

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