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 is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
Investors and management teams interested in corporate breakups should remember that business execution still matters more ...
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be ...
Kapur joined Honeywell in 1989, rising through the ranks of the building automation business and assuming the CEO position ...
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 ...
Engineering firm Honeywell Automation India reported a weak third-quarter profit growth on Friday, hurt by slowing ...
Honeywell International reported solid results for Q4 and full year 2024. Check out why I do not plan to add HON stock to my ...
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
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