Honeywell Plans to Split into Two Independent, Publicly Traded Companies: Automation and Aerospace

Honeywell Plans to Split into Two Independent, Publicly Traded Companies: Automation and Aerospace

Honeywell Plans to Split into Two Independent, Publicly Traded Companies: Automation and AerospaceIndustrial giant Honeywell is planning a major corporate split, according to sources familiar with the matter. The move, reportedly prompted by pressure from activist investor Elliott Investment Management, will see the company divided into two independent, publicly traded companies, allowing each to better focus on its respective sectors and enhance operational efficiency and competitiveness...