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Elliott Builds $5 Billion Stake in Honeywell, Calls on Conglomerate to Split Up
Activist investor Elliott Investment Management has amassed a $5 billion stake in Honeywell International and is calling on the company to break itself apart, seeking to dismantle one of the few remaining industrial conglomerates.
Elliott calls for Honeywell break up, takes $5 billion-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.
Elliott has built $5B-plus stake in Honeywell, Bloomberg reports
Activist investor Elliott Investment Management has built a $5B-plus position in Honeywell (HON) and is pushing the company to consider
Elliott Builds $5 Billion Stake in Honeywell, Calls for Conglomerate to Split Up
Elliott Management is pushing for Honeywell International to split up its business, after the activist investment fund built a more-than $5 billion stake in the industrial conglomerate. Elliott said Tuesday it was recommending the Charlotte,
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
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott builds more than $5 billion stake in Honeywell
Activist investor Elliott Investment Management said on Tuesday it has built a stake worth more than $5 billion in Honeywell and recommended that the industrial giant pursue a separation of its aerospace and automation businesses.
Elliott Investment Management calls for break-up at Honeywell
Activist investor group Elliott Investment Management has built a $5 billion dollar investment in Honeywell International inc. and is calling for the company to simplify its conglomerate
10h
on MSN
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 ...
5h
Activist investor calls for Honeywell to separate aerospace, automation divisions
An activist investor with a $5 billion stake in Honeywell International Inc. is calling for the company to separate its ...
2h
on MSN
Kraft Heinz removes Lunchables from school meals program
Consumer Reports applauds food giant's decision after less-than-expected demand for the meal kits from school districts.
1d
The Great Cable Rollup That Will Never Be
The notion that media conglomerates will discard their linear channels into one spun-off company is utter fantasy ...
7h
Stop & Shop, Hannaford hit by cybersecurity disruption, parent company says
Efforts to investigate the cybersecurity “issue” prompted the grocery giant's parent company to disconnect some systems to ...
Bloomberg L.P. on MSN
11h
China’s Geely in Talks for Control of Flying Taxi Startup Volocopter
Chinese
conglomerate
Geely is in advanced talks to take control ... stake in Volocopter by leading a consortium that will ...
The Edge Singapore
12d
Asean conglomerates may need Geneen’s spirit
Geneen’s philosophy was that
conglomerates
generate efficiency. These diverse businesses had nothing in common except the ...
FiercePharma
7h
Bayer's rising prostate cancer star Nubeqa crosses blockbuster barrier as Xarelto continues downward descent
Despite generic headwinds to Xarelto and challenges across different sectors of the conglomerate suggesting “twists and turns ...
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