
CosmicTaco
Honeywell to Split into Three Companies Amid Investor Pressure
- Honeywell announced plans to split into three companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials, aiming to unlock significant value for shareholders.
- The decision follows activist investor Elliott Management's $5 billion stake in Honeywell, pushing for the breakup to enhance strategic agility and operational improvement.
- Despite a strong Q4 performance, Honeywell's 2025 guidance fell short of expectations, leading to a nearly 4% drop in shares.
5mo ago
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