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.
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.
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.
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.
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 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.
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’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 ...
NBC Connecticut1mon
Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
Honeywell CEO Vimal Kapur said at the recent CNBC Evolve: AI Opportunity Summit that he expects AI to be a much bigger growth driver than a productivity fix for the industrial company. That's ...
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.