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 Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.
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 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 builds more than $5 bln stake in Honeywell
"The conglomerate structure that once suited Honeywell no longer does, and the time has come to embrace simplification," Elliott said in its letter to the company's board.
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 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.
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 Elliott Investment Management disclosed a more than $5 billion stake, but then pulled back.
Honeywell Stock Hits Record Intraday High After Elliott Reveals $5B Stake, Calls For Breakup: Retail Bulls Rejoice
Shares of Honeywell International, Inc. ($HON) rose as much as 7.8% on Tuesday to a record high after activist investor Elliott Investment Management disclosed a significant $5 billion stake in the company.
Elliott Builds $5 Billion Honeywell Stake, Pushes Breakup
Elliott Investment Management has taken a $5 billion-plus position in Honeywell International and is reportedly pushing the industrials giant to separate into two standalone companies, one focused on aerospace and the other on automation.
Honeywell’s CEO predicts ‘doomsday’ for companies that don’t embrace AI. Here’s his secret to using the technology effectively
Honeywell CEO Vimal Kapur has a message to employers that are on the fence about adopting artificial intelligence. “In ...
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 ...
Fortune Global Forum 2024: AI At Work - From Promise to Productivity
Kate Johnson, President and CEO, Lumen Technologies Vimal Kapur, Chairman and CEO, Honeywell In conversation with: Andrew ...
Honeywell's CEO predicts "doomsday" for companies that don't embrace AI
At the Fortune Global Forum, Honeywell CEO Vimal Kapur says employers should be adopting artificial intelligence.