Honeywell (HON) Explores Strategic Altenatives

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HONEYWELL EXPLORES STRATEGIC ALTERNATIVES FOR UNLOCKING SHAREHOLDER VALUE; CONTINUES REVIEW OF TRANSFORMATIONAL PORTFOLIO ACTIONS

December 16, 2024 6:00 AM EST

CHARLOTTE, N.C., Dec. 16, 2024 /PRNewswire/ -- 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... More