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 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 Management targets Honeywell with $5 billion stake, pushes for major restructuring
Elliott wants Honeywell to separate its Aerospace and Automation businesses. It expects such a strategic move to unlock up to 75% upside.
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.
Breaking Up Can Send Honeywell Stock Up 75%, Says Activist Investor Elliott.
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott Investment Management disclosed a $5 billion stake in the company. Shares closed up 3.
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.
Elliott calls for Honeywell break up, takes $5 billion-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.
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.
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