Gelonghui, December 17 | The USA diversified industrial conglomerate Honeywell is considering spinning off its aerospace business for an independent listing in response to demands by activist investor Elliott. After Elliott disclosed last month that it holds approximately 5 billion USD worth of Honeywell shares, it suggested that the company should indeed consider a spin-off. Honeywell announced on Monday that it will conduct a comprehensive evaluation of its businesses, with options possibly including the splitting off of the aerospace sector. The group expects to provide more detailed information when announcing its fourth-quarter results early next year. After Vimal Kapur took over as CEO of Honeywell last year, he has been working to reorganize the company to focus on developing core businesses, with aerospace being one of them, accounting for over one-third of Honeywell's total revenue; the other two core businesses include Energy transition and Automation Equipment.