Honeywell will sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash, it said on Friday, further streamlining its business. A potential sale ...
FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File ...
Shares of industrial conglomerate Honeywell (NASDAQ:HON) jumped 6.9% in the morning session after activist investor Elliott Investment Management built a stake worth more than $5 billion in the ...
"The conglomerate structure that once suited Honeywell no longer does, and the time has come to embrace simplification," Elliott said in a letter to Honeywell. It believes Honeywell should ...
Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a ...