Elliott Amasses $5 Billion-Plus Stake in Honeywell

By Yahoo! Finance | Nov 12, 2024 at 10:12 AM EST

Elliott Investment Management advocates for a split of Honeywell International Inc. into two separate entities, focusing on aerospace and automation, citing underperformance. The firm's $5 billion investment in Honeywell aims to drive value creation and streamline the conglomerate structure.

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