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 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 Stock Drops on Company Split, 2025 Guidance
Honeywell International (HON) stock is falling after the company announced plans to split into three separate divisions and a soft 2025 forecast
Honeywell, one of the few remaining US industrial conglomerates, will split into three 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 separate aerospace and automation businesses in latest corporate breakup
Honeywell said on Thursday it will separate its aerospace and automation segments into 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 up into three companies
Honeywell on Thursday announced that it will split into three separate businesses, following pressure from activist investor Elliott Investment Management. Why it matters: This is the latest in a recent series of high-profile industrial breakup plans,
Honeywell to split into 3 companies after Elliott Management takes $5 bn stake
Honeywell said it would separate its aerospace and automation businesses into separate entities, alongside its previously ...
Activist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble
The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports ...
Top hedge fund Elliott Management fears Trump is inflating a crypto bubble that faces 'inevitable' collapse, report says
Elliott Management said a crypto collapse could "wreak havoc in ways we cannot yet anticipate."The White House's boosting of ...
Honeywell Stock Is at the Bottom Of the Dow After Split News
Honeywell is the worst Dow Jones stock Thursday as the industrial conglomerate's weak outlook offsets news that it is ...
Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
The Trump administration’s embrace of cryptocurrencies is helping fuel a speculative mania that could cause “havoc” when ...
Business Matters2d
Court to decide if Elliott-owned firm can enforce Funding Circle debts
High Court to rule on whether a debt buyer owned by Elliott management can collect on personal guarantees sold by funding ...
Billionaire Paul Singer’s Elliott warns of crypto’s ‘inevitable collapse’ amid Trump administration’s push
The West Palm Beach-based hedge fund said the “inevitable collapse” of the crypto bubble “could wreak havoc in ways we cannot ...
ELLIOTT INVESTMENT MANAGEMENT CLOSES ACQUISITION OF MAJORITY INTEREST IN AMERICAN GREETINGS
Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion of the previously announced transaction in which Elliott acquired a majority ownership ...
Krispy Kreme owner JAB to buy Elliott-backed insurer Prosperity Life
JAB Holding, the investment group behind Krispy Kreme, Pret A Manger and Coty, has struck its maiden US life insurance deal, buying a firm owned by hedge fund Elliott Management as part of a push into ...