Honeywell plans to split into three companies by mid-2026, aiming for greater market agility.

Honeywell plans to split into three independent companies by the second half of 2026, separating its automation, aerospace, and advanced materials businesses. This move aims to make each entity more agile and better positioned to adapt to market changes, following similar actions by General Electric and Alcoa. The split is seen as a response to shareholder pressure to simplify structures and unlock value.

2 months ago
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