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(Reuters) -Honeywell will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to sharpen its focus on aviation, ...

Honeywell’s advanced materials unit generates $3.8 billion in annual revenue, roughly 10% of its total revenue. Honeywell has a market value of more than $130 billion, with its shares down 3% in 2024.

CHARLOTTE, N.C., Oct. 1, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has set a record date of October 17, 2025 for the previously announced spin-off of ...

Honeywell International Inc. HON recently announced that it aims to spin off its advanced materials business into a new public company. The company plans to carry out the spin-off to shareowners in a ...

Honeywell (NASDAQ:HON) shares popped around 3% Tuesday morning after the industrial conglomerate announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded ...

Honeywell's (NASDAQ:HON) plan to spin off its advanced materials will create a cleaner business focused on three megatrends, according to a Jefferies analyst. "The transaction further simplifies HON's ...

CHARLOTTE, N.C., Sept. 16, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that, in connection with the previously announced spin-off (the "Spin-Off") of Solstice Advanced Materials Inc. ...