Investor Elliott Management calls for Honeywell breakup

Investor Elliott Management calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Activist Investor Seeks Breakup Of Honeywell
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants Honeywell International Inc. to spin-off its Aerospace Technologies business.
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and better operational performance.
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.
Elliott calls for Honeywell break up, takes $5 bln-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
KEY TAKEAWAYS Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a breakup of the company.
Elliott calls for Honeywell breakup, labels quantum computing a "distraction," in $5bn bet
Activist investor Elliott Investment Management has taken a $5 billion stake in Honeywell and called for the company to split its business in two, describing the firm’s quantum computing efforts as a “distraction.”
Investor calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...
NBC New York3d
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...
For Honeywell, not breaking up will be hard to do
Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...
Honeywell's stock leads the Dow gainers, as Elliott discloses $5 billion stake
Honeywell's stock rallied as much as 7.8% into record territory for the first time in three years, after activist investor ...