International Companies

Honeywell to break itself up in three-way split

By Abigail Townsend

Date: Thursday 06 Feb 2025

(Sharecast News) - US industrial conglomerate Honeywell is to break itself up, it was confirmed on Thursday, following pressure from activist investor Elliott Investment Management.
The Nasdaq-listed firm said it would separate its aerospace division from its automation business, while simultaneously proceeding with a previously announced spin-off of its advanced materials...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page