Honeywell shares are rising 3% in premarket trading after the conglomerate said it plans to spin off its Advanced Materials division as it joins its peers in pursuing a more focused strategy.

Honeywell's spin-off of the Advanced Materials business is seen as value accretive, enabling focus on core growth areas: automation, aviation, and energy transitions. The spin-off, projected for ...

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company ...

Honeywell intends to spin off its advanced materials business, following Johnson & Johnson and Dow Honeywell International Inc. intends to spin off its advanced materials unit in a bid to simplify ...

according to people familiar with the matter. The Wall Street Journal earlier reported on Honeywell’s plans for the tax-free separation.

Odyssey Investment Partners is in advanced talks to acquire Honeywell International Inc.’s personal protective equipment unit, people familiar with the matter said. The private equity firm is ...

Oct 8 (Reuters) - Honeywell (HON.O), opens new tab will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to ...

Industrial giant Honeywell International Inc. is spinning off its advanced materials unit into a separate public company. The new business will have annual sales of $3.8 billion and will include ...

Rights May 27, 1996 Jun 18, 1996 Sep 21, 1996 Rights ratio: 1 share for every 4 held at a price of Rs 70.0 Rights Feb 05, 1993 Mar 01, 1993 Sep 30, 1993 Rights ratio: 2 share for every 5 held at a ...

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