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 International Inc. will split into separate publicly traded companies following pressure from an activist investor, ...
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
"The decision to create three independent, public companies means more career opportunities as we will need outstanding teams ...
(Reuters) -Honeywell International is preparing to split into three independent companies, the Wall Street Journal reported ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
The once-leading Minnesota corporation, now based in North Carolina, has been pressured by shareholders to split up.
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 ...
Honeywell International is trying to pull a GE, breaking up into three companies in an effort to unlock shareholder value.
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