Industrial conglomerate Honeywell International (HON) is planning for a tax-free spin-off of its advanced materials unit, according to the Wall Street Journal. This division could be valued at over ...

(Reuters) - Honeywell said on Tuesday it has appointed David Sewell to lead its advanced materials business, which is set to be spun off into an independently listed company by late this year or early ...

Honeywell (NASDAQ:HON) shares popped around 3% Tuesday morning after the industrial conglomerate announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded ...

Honeywell International Inc. HON recently announced that it aims to spin off its advanced materials business into a new public company. The company plans to carry out the spin-off to shareowners in a ...

March 25 (Reuters) - Honeywell (HON.O), opens new tab said on Tuesday it has appointed David Sewell to lead its advanced materials business, which is set to be spun off into an independently listed ...

(Reuters) -Honeywell will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to sharpen its focus on aviation, ...

Honeywell's (NASDAQ:HON) plan to spin off its advanced materials will create a cleaner business focused on three megatrends, according to a Jefferies analyst. "The transaction further simplifies HON's ...

Oct 8 (Reuters) - Honeywell (HON.O), opens new tab will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to sharpen ...

CHARLOTTE, N.C., Oct. 1, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has set a record date of October 17, 2025 for the previously announced spin-off of ...

In a move meant to sharpen its focus on businesses related to energy transition, the industrial conglomerate Honeywell plans to spin off its Advanced Materials business to shareholders. About 38% of ...

Honeywell’s advanced materials unit generates $3.8 billion in annual revenue, roughly 10% of its total revenue. Honeywell has a market value of more than $130 billion, with its shares down 3% in 2024.