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Honeywell To Spin Off Advanced Materials Business
Honeywell: Spinning Off Advanced Materials Is A Positive Catalyst, Initiate With 'Buy'
Honeywell's spin-off of their Advanced Materials business could potentially accelerate its organic growth and optimize their cost structures. See more here.
Honeywell plans to spin off its advanced materials division
Honeywell International Inc. plans to spin off its advanced materials division, the latest move by the industrial conglomerate to reshape its portfolio and streamline its holdings.
Honeywell to Spin off Advanced Materials Business
Honeywell's new CEO Vimal Kapur has been streamlining the company's portfolio over the past few years to shift focus toward its aviation, automation and energy segments. The advanced materials business accounted for 10% of Honeywell's total sales of $36.66 billion last year.
12h
on MSN
Why Honeywell Stock Topped the Market on Tuesday
News of a business rationalization measure lifted Honeywell International ( HON 1.80%) stock comfortably into positive ...
16h
Charlotte corporate giant to spin off business unit into public company
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