Resideo pays Honeywell $1.59 billion to end indemnification agreement

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Go back to Resideo pays Honeywell $1.59 billion to end indemnification agreement

Resideo Announces Completion of Transaction with Honeywell To Accelerate Payment of All Potential Monetary Obligations Under Indemnification and Reimbursement Agreement

August 13, 2025 4:05 PM EDT

SCOTTSDALE, Ariz., Aug. 13, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it has completed the previously announced transaction with Honeywell... More