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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 ...

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 ...

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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 ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. With top picks from Dyson, Winix, and Honeywell In This Article People / Henry ...

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

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 ...