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Honeywell to Break Up After Pressure From Activist Elliott
Former Honeywell CEO Darius Adamczyk instead spun off its Resideo Technologies Inc. thermostat, air filter and residential security system business and the Garrett Motion Inc. turbochargers unit.
Honeywell Continues The Disaggregation Trend Amongst Aerospace Companies
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
Honeywell Is Spinning Off a Piece of Itself. What It Means for the Stock.
Some of Honeywell’s prior spinouts haven’t performed well. Turbocharger maker Garrett Motion filed for Chapter 11 bankruptcy ...