Industrial giant Honeywell announces split into 3 companies after investor pressure
Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after investor pressure.
In major move, Honeywell to split into three companies. Not all will remain in Charlotte.
Honeywell is separating into three publicly traded companies, the Charlotte-based conglomerate said Thursday. Only one will stay in Charlotte. Honeywell will spin off its automation and aerospace tech businesses. The separations are expected to be completed by the second half of 2026, Honeywell said.
Honeywell to split in three after pressure from activist investor
Honeywell said it will split into three companies. The aerospace giant said it will separate its aerospace, automation and advanced materials units into distinct entities in 2026.
Honeywell, one of few remaining industrial conglomerates, to split into 3 companies
Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa
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 to split into three separate companies
Honeywell International Inc. has announced a major restructuring plan to separate its automation, aerospace, and advanced materials businesses into three independent companies.
Honeywell is creating a separate company with Phoenix HQ. What to know
Honeywell International Inc. will spin off its aerospace division to create a new, standalone company that will be headquartered in Phoenix, company officials announced Thursday.
Honeywell to pursue three-way company split
The industry giant announced its intent to separate its Aerospace and Automation businesses alongside an Advanced Materials offering.
Honeywell, last and biggest US industrial conglomerate, to split in three
Honeywell will split into three separate businesses, starting with Advanced Materials in late 2025, followed by Honeywell Automation and Aerospace in late 2026.
Honeywell splits into 3 companies; aerospace headquarters to stay in Phoenix
Honeywell Aerospace will become a separate company with its headquarters still in Phoenix, officials confirmed after details of its parent company's breakup were announced Thursday morning. Honeywell International Inc.
Honeywell to split into three companies in an effort to boost stock returns
Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself into three independent companies in an effort to boost shareholder returns,
Honeywell to Break Up in Bid to Recreate Some GE Magic
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
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Honeywell Unveils Plan to Separate Automation, Aerospace Tech Businesses
Read about Honeywell's plan to separate aerospace and automation businesses into independent publicly listed entities as part ...
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Honeywell to spin out automation, aerospace businesses
Honeywell plans to complete its separation into autonomy, aerospace and defense, and advanced materials companies in the ...
Stocktwits on MSN1d
Honeywell’s 3-Way Split Draws Mixed Response From Wall Street: Retail Exudes Confidence
Wall Street remains mixed on Honeywell International Inc (HON) after the firm announced its intention to split into three separate listed entities by the second half of 2026. According to the company, ...
Honeywell to Break Into 3 as It Seeks GE Magic. The Stock Drops After Earnings Beat.
Honeywell International is trying to pull a GE, breaking up into three companies in an effort to unlock shareholder value.
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Honeywell to Break up Into Three Companies, WSJ Reports
(Reuters) -Honeywell International is preparing to split into three independent companies, the Wall Street Journal reported ...