Honeywell Plans to Spin Off Advanced Materials Unit Valued Over $10 Billion

Reported about 9 hours ago

Honeywell International is planning to spin off its advanced materials segment, with the unit's valuation exceeding $10 billion, as reported by the Wall Street Journal. This move, anticipated by 2026, was confirmed by Honeywell CEO Vimal Kapur during a statement discussed in a recent Morning Brief episode.

Source: YAHOO

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