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 split will break up one of last American conglomerates
"The decision to create three independent, public companies means more career opportunities as we will need outstanding teams to set each company up for success."
Why is Honeywell splitting into three companies?
Honeywell, one of the last remaining US industrial conglomerates, announced on Thursday that it will split into three independently listed companies. This major decision comes after months of pressure from activist investor Elliott Management,
In major move, Honeywell to split into three companies. Only one 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 Splits Up: A New Era for Industrial Conglomerate
Honeywell is set to split into three independent companies, following similar moves by other industrial giants. The North Carolina-based firm will separate its automation and aerospace technologies, along with advanced materials,
Honeywell Details Plan To Split After Activist Push
Honeywell International’s future as an industrial conglomerate all but ended in November 2024 when Elliott Investment Manager made the company its latest shakeup target. Now, Honeywell has made it official: It will follow the path of General Electric and United Technologies Corp. and split into different parts.
Honeywell, one of the few remaining US industrial conglomerates, will split into three independent companies
Honeywell, one of the few remaining US industrial conglomerates, will split into three independent companies. NEW YORK — Honeywell, one of the few remaining US industrial conglomerates, will split into three independent companies.
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 independently listed companies in latest corporate breakup
Honeywell said on Thursday it will split 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 split to bring Phoenix a new public company. What it means to Arizona
Honeywell Aerospace, with $15 billion in 2024 revenue, specializes in technology for commercial and defense aircraft. Honeywell Aerospace will become a separate company with its headquarters still in Phoenix,
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Like GE before it, Honeywell will spin off its aerospace unit to meet soaring demand
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‘Conglomerates are out’: How Honeywell’s break up plan could revive aerospace business
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Honeywell will split into three companies
Honeywell International Inc., one of the last remaining U.S. industrial conglomerates, will split into three independent ...
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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 ...
Honeywell, one of the few remaining U.S. industrial conglomerates, to split into three companies
There will now be three publicly listed companies including a previously announced plan to spin off Honeywell’s advanced ...