HONEYWELL TO SELL PERSONAL PROTECTIVE EQUIPMENT BUSINESS TO PROTECTIVE INDUSTRIAL PRODUCTS [Yahoo! Finance]
Honeywell International Inc. (HON)
Last honeywell international inc. earnings: 5/1 06:30 am
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Source: Yahoo! Finance
Positions Honeywell to continue to deliver profitable growth and strong cash generation, creating compelling long-term value for shareowners. CHARLOTTE, N.C. Nov. 22, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP"), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction will enable Honeywell to further simplify its portfolio in order to accelerate value creation in alignment with three compelling megatrends: automation, the future of aviation and energy transition. Honeywell's PPE business, part of the Industrial Automation (IA) business portfolio, is a global provider of PPE for industrial workers, offering a comprehensive and differentiated product portfolio that serves a diverse and resilient set of growing customers and end markets. This announcement follows the divestiture of Hon
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HON
News
- Honeywell Cashes Out: $1.325 Billion PPE Business Sale Fuels Bold Portfolio Transformation [Yahoo! Finance]Yahoo! Finance
- Protective Industrial Products, Inc. to Acquire Honeywell’s Personal Protective Equipment BusinessBusiness Wire
- HONEYWELL TO SELL PERSONAL PROTECTIVE EQUIPMENT BUSINESS TO PROTECTIVE INDUSTRIAL PRODUCTSPR Newswire
- Pick Honeywell Over 3M Stock? [Forbes]Forbes
- Refrigerants Market to Be Worth $10.5 Billion by 2031 - Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
HON
Earnings
- 10/24/24 - Beat
HON
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/13/24 - Form 4
- HON's page on the SEC website