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Honeywell, one of few remaining US industrial conglomerates, will split into three companies
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....oneywell, one of few remaining US industrial conglomerates, will split into three companies<BR>PTI News<BR>Dated:- 6-2-2025<BR>PTI<BR>Washington, Feb 6 (AP) Honeywell, one of the last remaining US ind....
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....ustrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa. The North Carolina company said Thursday that ....
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....it will split off its automation and aerospace technologies businesses. There will now be three publicly listed companies including a previously announced plan to spin off its advanced materials bus....
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....iness. "The formation of three independent, industry-leading companies builds on the powerful foundation we have created, positioning each to pursue tailored growth strategies, and unlock significan....
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....t value for shareholders and customers,” Honeywell Chairman and CEO Vimal Kapur said in a statement. The separation is expected to be completed in the second half of 2026. Shares fell more than ....
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....4 per cent before the market opened Thursday. (AP) PY PY<BR> News - Press release - PIB....