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Honeywell to Break Up
Honeywell to Break Up After Pressure From Activist Elliott
Honeywell International Inc. will split into separate publicly traded companies following pressure from an activist investor, the latest in a line of industrial conglomerates seeking a more streamlined portfolio.
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.
Elliott has built stake in BP
Activist Elliott Said to Build Stake in Struggling Oil Major BP
Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse years of underperformance.
Activist Elliott builds significant stake in BP, Bloomberg News reports
Activist investor Elliott Investment Management has built a significant stake in oil major BP, Bloomberg News reported on Saturday, citing sources. Elliott is seeking to boost shareholder value by urging BP to consider transformative measures,
Elliott has built stake in BP: report
Bloomberg reported Saturday, citing people familiar with the matter. The people reportedly said that the activist investor has built a significant stake in the British oil giant and is aiming to force it to consider major moves to boost shareholder value.
The Manila Times on MSN
1d
Honeywell to split into 3 companies after Elliott Management takes $5 bn stake
Honeywell said it would separate its aerospace and automation businesses into separate entities, alongside its previously ...
1d
on MSN
Industrial giant Honeywell announces split into 3 companies after investor pressure
Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after ...
Marketplace
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Like GE before it, Honeywell will spin off its aerospace unit to meet soaring demand
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
2d
Why legendary industrial giant Honeywell is breaking up
Kapur joined Honeywell in 1989, rising through the ranks of the building automation business and assuming the CEO position ...
AeroTime
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Honeywell to spin off its aerospace and automation businesses
US industrial conglomerate Honeywell to spin off its aerospace and automation businesses at the behest of activist investors ...
Hosted on MSN
2d
Unclear what Honeywell's split will mean for Charlotte HQ
Honeywell, the industrial conglomerate that moved its headquarters to Charlotte from New Jersey in 2019, is splitting into ...
2d
on MSN
Honeywell to Break Up in Bid to Recreate Some GE Magic
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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