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Investor Elliott Management calls for Honeywell breakup
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.
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.
NBC New York
1d
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 ...
1d
Elliott Sends Letter to the Board of Directors of Honeywell International Inc.
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have made an investment of more than $5 ...
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