Honeywell, last and biggest US industrial conglomerate, to split in three
Honeywell will split into three separate businesses, starting with Advanced Materials in late 2025, followed by Honeywell Automation and Aerospace in late 2026.
Honeywell Announces Three-Way Split, Stock Falls
Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.
Honeywell to Split into Three Separate Companies
Following General Electric's lead, Honeywell unveils plans to split into three divisions - aerospace, industrial automation and advanced materials - to unlock value and meet
Honeywell, one of the few remaining US industrial conglomerates, will split into three companies
Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa.
Honeywell Details Plan To Split After Activist Push
Honeywell International’s future as an industrial conglomerate all but ended in November 2024 when Elliott Investment Manager made the company its latest shakeup target. Now, Honeywell has made it official: It will follow the path of General Electric and United Technologies Corp. and split into different parts.
Why is Honeywell splitting into three companies?
Honeywell, one of the last remaining US industrial conglomerates, announced on Thursday that it will split into three independently listed companies.
Honeywell to split into three companies in an effort to boost stock returns
Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself into three independent companies in an effort to boost shareholder returns,
Honeywell plans to split into three companies, WSJ reports
Honeywell (HON) is preparing to split into three independent companies following similar moves by GE (GE) and others, The Wall Street Journal’s
Honeywell to split into three independently listed companies in latest corporate breakup
Honeywell said on Thursday it will split 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 follows US conglomerates with plan to split into three companies
Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate.
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Honeywell will split into three companies
Honeywell International Inc., one of the last remaining U.S. industrial conglomerates, will split into three independent ...
Honeywell Is Breaking Into 3 Companies. It Overshadows Solid Earnings but Weak Guidance.
Honeywell announces a plan to break into three companies. It also reports solid fourth-quarter earnings. Honeywell, one of ...