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flag Elliott Investment Management pushes Honeywell to split into two to boost shareholder value.

flag Elliott Investment Management, an activist investor, has acquired a $5 billion stake in Honeywell International and is pushing the company to split its automation and aerospace businesses into separate entities. flag Elliott argues that this split could boost shareholder value by up to 75% over two years. flag Honeywell's share price rose 5% on the news, and the company says it will engage with Elliott to discuss the proposal.

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