Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company’s breakup.



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Elliott Statement on Honeywell - Honeywell Intl (NASDAQ:HON)

Honeywell is considering selling its aerospace division as an activist investor pushes for change

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Honeywell weighs jettisoning aerospace division, following the breakup of other US conglomerates

The company has been reformulating its portfolio with acquisitions and divestments, with the objective of aligning its diversified structure with three main trends, aviation, automation and the energy transition

A empresa vem reformulando seu portfólio com aquisições e desinvestimentos, com o objetivo de alinhar sua estrutura diversificada a três tendências principais, aviação, automação e a transição energética

Honeywell considera cisão de negócios aeroespacial em meio à pressão de investidores

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Honeywell considers aerospace business spin-off amid investor pressure

Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment.

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Honeywell considers spinning off its aerospace business amid Elliott's breakup push

WEST PALM BEACH, Fla., Dec. 16, 2024 /PRNewswire/ -- Elliott Investment Management L.P. (together with its affiliates "Elliott") today released the following statement attributed to Partner Marc Steinberg and Managing Partner Jesse Cohn regarding Honeywell International Inc. (NYSE:HON) ("Honeywell"). 
...Full story available on Benzinga.com

Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace, automation and materials company.  In a letter sent to Honeywell’s board, Elliott said that the company needed to simplify its structure as it deals with uneven execution,…

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(Reuters) -Honeywell International said on Monday its board is considering a potential separation of the aerospace business as it continues to review its business portfolio, sending the conglomerate’s shares up nearly 3% in premarket trading. Since taking charge last year, Honeywell’s top boss Vimal Kapur has looked to align the company’s portfolio with the so-called megatrends of automation, aviation and energy transition. The board has made si…

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Honeywell explores separation of aerospace business amid Elliott’s breakup call

Honeywell draws support for a strategic review from Elliott management as airlines and defense sectors scale up.

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Honeywell stock hits all-time high as it weighs aerospace-unit sale

Honeywell board explores strategic alternatives, potentially separating aerospace business.

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Honeywell says considering separation of aerospace business (NASDAQ:HON)

Honeywell is considering selling its aerospace division as an activist investor pushes for change.

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By Shivansh Tiwary (Reuters) –     Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company’s breakup. The company, one of the last surviving U.S. conglomerates, has been on a deal-making spree this year under CEO Vimal Kapur, as it focuses on its automation, aviation and energy businesses. Its shares…

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Honeywell considers spinning off its aerospace business amid Elliott's breakup push - Blue Water Healthy Living

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Honeywell considers spinning off its aerospace business amid Elliott’s breakup push

Honeywell considers spinning off its aerospace business amid Elliott’s breakup push

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