Honeywell, one of few remaining industrial conglomerates, to split into 3 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
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. This major decision comes after months of pressure from activist investor Elliott Management,
In major move, Honeywell to split into three companies. Not all will remain in Charlotte.
Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. Only one will stay in Charlotte. Honeywell will spin off its automation and aerospace tech businesses. The separations are expected to be completed by the second half of 2026, Honeywell said.
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 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.
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 to split in three after pressure from activist investor
Honeywell said it will split into three companies. The aerospace giant said it will separate its aerospace, automation and advanced materials units into distinct entities in 2026.
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Honeywell Splits Up: A New Era for Industrial Conglomerate
Honeywell is set to split into three independent companies, following similar moves by other industrial giants. The North ...
Honeywell, one of the few remaining U.S. industrial conglomerates, to split into three companies
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