The plan by Honeywell, which has been facing pressure from activist investor Elliott Investment Management to split up, follows industrial conglomerate General Electric's three-way breakup last year.

This mirrors moves made by conglomerates like General Electric, which ended its 132-year reign with its own three-way split in April 2024. Honeywell confirmed its commitment to continuing the ...

Honeywell (NASDAQ:HON) has confirmed plans to split into three independent firms. Shares of the industrial conglomerate had jumped over 6% earlier today on a Wall Street Journal report discussing ...

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Now, it will join the ranks of others and split into three separate companies ... has been seeking ways to make itself more nimble. Over the past year and a half, just after Kapur took over ...

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Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies ... has been seeking ways to make itself more nimble. Over the past year and ...

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