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.
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.
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 Calls for Breakup of Honeywell—One of the Last Conglomerates
The activist investor, which has amassed a $5 billion stake, is calling for big changes. Honeywell shares were up about 5% on the news.
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 Investment Management Pushes For Honeywell Break-up, Citing $5 Billion Stake
Elliott Investment Management has called for Honeywell break-up, citing $5 billion stake and potential 51%-75% share price boost.
Honeywell Surges Nearly 5% After Elliott's $5B Stake and Breakup Push
Activist investor Elliott sparks a 5% stock jump with bold plans to split Honeywell into two powerhouse entities.
Elliott Investment Urges Honeywell Split for Strategic Growth
Activist investor Elliott Investment Management has urged Honeywell to split into two separate businesses focusing on aerospace and automation. Elliott believes this will enhance shareholder value and performance.
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.
NBC New York2d
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 ...
Elliott Investment Management Adds To Southwest, Western Digital, Etsy, Match Group; Trims BILL Holdings, Seadrill, BlackLine, NRG Energy In Q3
Elliott Investment Management was busy in the third quarter. According to a new 13-F filing with the SEC, the activist made ...
Honeywell price target raised to $240 from $220 at BofA
BofA raised the firm’s price target on Honeywell (HON) to $240 from $220 and keeps a Neutral rating on the shares after Elliott ...
Hedge fund Elliott names first female partner, promotes two to management committee
Elliott Investment Management named its first female partner and promoted two partners to its management committee, a person ...