Honeywell International Inc., one of the last remaining U.S. industrial conglomerates, will split into three independent ...

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The company said that the separation of the two newly announced companies will be completed in the second half of 2026 and will be tax-free to Honeywell shareholders. The spin-off of the Advanced ...

Honeywell CEO Vimal Kapur said in a statement. The company plans to complete the separation of its the automation and aerospace businesses in the back half of 2026, pending regulatory approvals.

Elliott had been pushing for the Charlotte, North Carolina ... Over the past year and a half, just after Kapur took over as CEO, Honeywell has announced plans for the advanced materials business ...

The company said it intends to complete the separation in the second half of 2026, which would be tax-free to its shareholders. Honeywell, however, has been grappling with sluggish demand in its ...

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Over the past year and a half, just after ... pushing for the Charlotte, North Carolina, company to separate its automation and aerospace businesses. The board of Honeywell International Inc.