Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units

Biztoc.com - 12. November 2024

Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies. In a letter sent to Honeywell's board, Elliott said that the Charlotte,…

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