Honeywell Evaluates Options for Two Units Before 2026 Split

Reported about 11 hours ago

Honeywell announced it will explore strategic alternatives for its 'Productivity Solutions and Services' and 'Warehouse and Workflow Solutions' businesses as it prepares for a three-way split by 2026. This evaluation is part of an effort to simplify its portfolio, with both units generating over $1 billion in revenue each in 2024. The company has also made changes to its board and executive leadership in anticipation of the split.

Source: YAHOO

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