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.
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
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.
Honeywell jumps after activist Elliott takes $5B stake, pushes for breakup (update)
Honeywell's stock surges 8.4% in premarket trading as activist investor Elliott pushes for company breakup, largest ever investment in a single stock.
Activist investor calls for Honeywell to separate aerospace, automation divisions
An activist investor with a $5 billion stake in Honeywell International Inc. is calling for the company to separate its aerospace and automation divisions into separate businesses, stating it would unlock additional shareholder value and improve its performance when compared with industry peers.
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.
Elliott has built $5B-plus stake in Honeywell, Bloomberg reports
Activist investor Elliott Investment Management has built a $5B-plus position in Honeywell (HON) and is pushing the company to consider
Elliott Builds $5 Billion Stake in Honeywell, Calls for Conglomerate to Split Up
Elliott Management is pushing for Honeywell International to split up its business, after the activist investment fund built a more-than $5 billion stake in the industrial conglomerate. Elliott said Tuesday it was recommending the Charlotte,
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
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott builds more than $5 billion stake in Honeywell
Activist investor Elliott Investment Management said on Tuesday it has built a stake worth more than $5 billion in Honeywell and recommended that the industrial giant pursue a separation of its aerospace and automation businesses.
Elliott Investment Management calls for break-up at Honeywell
Activist investor group Elliott Investment Management has built a $5 billion dollar investment in Honeywell International inc. and is calling for the company to simplify its conglomerate
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