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.
Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International (NASDAQ:HON – Free Report) from a hold rating to ...
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
Honeywell Aerospace will become a separate company with its headquarters still in Phoenix, officials confirmed after details ...
The aerospace division is Honeywell's biggest and best standalone business. It generated over $15 billion in annual sales with margins of 26%. It counts both Boeing (BA) and Airbus (EADSY) as ...
One of America’s last big industrial conglomerates is preparing for a three-way split, following General Electric and others.
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be ...
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