Elliott Takes More Than $5B Stake in Honeywell, Advises Separating Automation, Aerospace Units
- Posted on November 12, 2024
- By Google News
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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. In a letter sent to Honeywell's board, Elliott said that the Charlotte, North Carolina-based company needs to ... continue reading...
