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Elliott Builds $5 Billion Stake in Honeywell
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,
Honeywell's stock leads the Dow gainers, as Elliott discloses $5 billion stake
Honeywell's stock rallied as much as 7.8% into record territory for the first time in three years, after activist investor Elliott Investment Management disclosed a more than $5 billion stake, but then pulled back.
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 calling for the conglomerate to split into two separate companies
1d
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 ...
1d
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
Security
43m
Elliott sends letter to the Board of Directors of Honeywell International Inc.
In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.
2d
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 ...
2d
on MSN
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment ...
2d
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.
2d
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that ...
NBC New York
3d
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate
Honeywell
and is pushing the ...
Techopedia
1h
Honeywell Color Smart Thermostat Is Now Under $100 at Amazon
The Honeywell RTH9585WF Wi-Fi smart color thermostat is currently 44% off at $99.99 on Amazon on Black Friday. It offers ...
Aviation Today
1d
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 ...
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