|

Honeywell Considers Strategic Options for Aerospace Business

Honeywell International (US), a leading industrial conglomerate, is evaluating strategic options for its aerospace business, including the possibility of a separation. This development comes approximately one month after Elliott Investment Management (US), a prominent activist investor, called for the breakup of the industrial giant to unlock shareholder value.

| |

Elliott Investment Management Calls for Honeywell’s Structural Simplification

Elliott Investment Management, a prominent US-based investment firm managing funds with an investment of over $5 billion in Honeywell International, has issued a formal request to Honeywell’s Board of Directors. The letter calls for a simplification of Honeywell’s conglomerate structure, suggesting that a streamlined organizational approach could improve operational efficiency, profitability, and shareholder value. Elliott’s substantial investment and influence add…