Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric, United Technologies and others. But many of those companies have since broken apart,
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...
Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment ...
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that ...
Honeywell in the second quarter of 2024 launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing ...
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