Elliott pushes to break up Honeywell

Activist Investor Seeks Breakup Of Honeywell
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants Honeywell International Inc. to spin-off its Aerospace Technologies business.
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Elliott believes that Honeywell should divide itself along its two primary business lines — Aerospace, which supplies engines and avionics to the military and commercial users, and Automation, which is a supplier of sensors and control systems to ...
Elliott Demands Honeywell Breakup After Taking $5B Stake
Elliott announced Nov. 12 that it has invested more than $5 billion in the Charlotte, North Carolina-based industrial conglomerate and sent a letter to the company’s board of directors demanding that it break up into two companies, one focused on aerospace and the other on automation.
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott Builds $5 Billion Stake in Honeywell, Calls for Conglomerate to Split Up
Elliott Management is pushing for Honeywell International to split up its business, after the activist investment fund built a more-than $5 billion stake in the industrial conglomerate. Elliott said Tuesday it was recommending the Charlotte,
Breaking Up Can Send Honeywell Stock Up 75%, Says Activist Investor Elliott.
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott Investment Management disclosed a $5 billion stake in the company. Shares closed up 3.
Investor Elliott Management calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
For Honeywell, not breaking up will be hard to do
Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...
Honeywell: Why I Am Buying The Drop
Honeywell's Q3 2024 earnings beat expectations, but lowered full-year forecast due to cost pressures and weaker Industrial ...
NEXT LEVEL AVIATION® Enters into Channel Partner Agreement with Honeywell
Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has entered into a multi ...
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Honeywell sales projections fall short due to ongoing supply-chain disruptions
GE Aerospace earlier in the week blamed supply-chain constraints for a decline in jet engine deliveries that is weighing on ...
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Honeywell’s AI-Enabled Forge Flight Performance+ Gaining Traction With Customers
Honeywell in the second quarter of 2024 launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing ...
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...
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Honeywell Introduces Honeywell Ensemble Engine Data Service
LAS VEGAS—Honeywell announced the Honeywell Ensemble, a business jet turbofan engine data service, during NBAA-BACE here. Honeywell Ensemble downloads and transmits engine information to ...
Honeywell’s Hard Times Are Coming to an End. It’s Time to Buy the Stock.
After years of underperformance, Honeywell International stock may be ready to resume its winning ways. Honeywell was ...