Investor Elliott Management calls for Honeywell breakup

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.
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 Calls for Breakup of Honeywell—One of the Last Conglomerates
Elliott Management is pushing for Honeywell International to split up its business after the activist investment fund built an over-$5 billion stake in the industrial conglomerate.
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 Demands Honeywell Breakup After Taking $5B Stake
Elliott announced Nov. 12 that it has invested more than $5 billion in the Charlotte, North Carolina-based industrial conglomerate and sent a letter to the company’s board of directors demanding that it break up into two companies, one focused on aerospace and the other on automation.
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and better operational performance.
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