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Honeywell Weighs Aerospace Division Split Amid Strategic Portfolio Review

Benzinga ·  Dec 16, 2024 19:04

Honeywell (NASDAQ:HON) announced today that its Board of Directors continues the comprehensive business portfolio evaluation launched earlier this year by Chairman and CEO Vimal Kapur to explore additional strategic alternatives for unlocking shareholder value, including the potential separation of its Aerospace business. The Board has made significant progress to date, and Honeywell plans to provide an update with its fourth quarter 2024 earnings release.

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