Honeywell to break up after Elliott stress: Disclosure

(RTTNews) – Honeywell World Inc . is determined to break up after stress over activist investor Elliott Investment Management, Bloomberg reported, citing people familiar with the matter.

Honeywell plans to spin off into two separate public companies, with one specializing in automation and a range of space and defense activities. The official release may possibly include its fourth-quarter earnings, which are expected to be announced in early February, the representative said.

In December 2024, Honeywell acknowledged that it was once exploring likely strategic choices, together with separating the capabilities of its aerospace industry, to boost shareholder price and a supposed boost.

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