Honeywell, one of few remaining US industrial conglomerates, will split into three companies

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..... Honeywell, one of few remaining US industrial conglomerates, will split into three companies
PTI News
Dated:- 6-2-2025
PTI
Washington, Feb 6 (AP) Honeywell, one of the last remaining US in .....

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..... dustrial 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 bu .....

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..... siness. "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 significa .....

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..... nt 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 4 .....

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..... per cent before the market opened Thursday. (AP) PY PY
News - Press release - PIB .....

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