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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.

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

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 ...

Odyssey Investment Partners is in advanced talks to acquire Honeywell International Inc.’s personal protective equipment unit, people familiar with the matter said. The private equity firm is ...

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 ...

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 ...

For a time, the humble tower defense was one of the most popular genres out there. They may appear to be simple strategy games for more casual players, but fans would call them accessible tactical ...

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 ...

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 ...