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Honeywell to Split into Three Companies Amid Investor Pressure

  • Honeywell announced plans to split into three companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials, aiming to unlock significant value for shareholders.
  • The decision follows activist investor Elliott Management's $5 billion stake in Honeywell, pushing for the breakup to enhance strategic agility and operational improvement.
  • Despite a strong Q4 performance, Honeywell's 2025 guidance fell short of expectations, leading to a nearly 4% drop in shares.

Source: Kiplinger, Cnbc

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