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16:05 EDT Honeywell (HON) files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders ...

Industrial giant Honeywell International Inc. is spinning off its advanced materials unit into a separate public company. The new business will have annual sales of $3.8 billion and will include ...

Honeywell's spin-off of the Advanced Materials business is seen as value accretive, enabling focus on core growth areas: automation, aviation, and energy transitions. The spin-off, projected for ...

Honeywell intends to spin off its advanced materials business, following Johnson & Johnson and Dow Honeywell International Inc. intends to spin off its advanced materials unit in a bid to simplify ...

according to people familiar with the matter. The Wall Street Journal earlier reported on Honeywell’s plans for the tax-free separation.

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To that end, it's spinning off one of its business units. Well before the market open, Honeywell broke the news that it plans to spin off its advanced materials business unit. It would be ...

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Honeywell shares are rising 3% in premarket trading after the conglomerate said it plans to spin off its Advanced Materials division as it joins its peers in pursuing a more focused strategy.

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company ...

Oct 8 (Reuters) - Honeywell (HON.O), opens new tab will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to ...