Honeywell to break up in latest corporate split after pressure from activist investor
Honeywell is splitting into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...
Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after ...
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Honeywell to split into 3 companies after Elliott Management takes $5 bn stakeHoneywell said it would separate its aerospace and automation businesses into separate entities, alongside its previously ...
Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
US industrial conglomerate Honeywell to spin off its aerospace and automation businesses at the behest of activist investors ...
BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
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