Investor Elliott Management calls for Honeywell breakup

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.
Elliott Management targets Honeywell with $5 billion stake, pushes for major restructuring
Elliott wants Honeywell to separate its Aerospace and Automation businesses. It expects such a strategic move to unlock up to 75% upside.
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 urges Honeywell break-up with $5bn investment stake
focused management, enhanced capital allocation and better operational performance. The company believes these benefits are already being realised by other large businesses that have moved away from the conglomerate model. According to Elliott, the ...
Elliott Amasses $5 Billion-Plus Stake in Honeywell
Elliott Investment Management has built a $5 billion-plus position in Honeywell International Inc. and is pushing the industrial giant to pursue a break up. The activist investment firm wants Honeywell to separate into two standalone companies,
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.
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.
Opinion
Elliott’s Honeywell Breakup Plan Doesn’t Go Far Enough
The activist investor’s call to spin off just the aerospace business would leave a less profitable but still-too-complex conglomerate.
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.
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 International Inc. to spin-off its Aerospace Technologies business.
NBC New York3d
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...
Elliott Floats New $5.3 Billion Citgo Bid as Deal Faces Backlash
An affiliate of Elliott Investment Management put forth an alternative offer to buy oil refiner Citgo Petroleum Corp. in a ...