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Will Honeywell separate its Aerospace business by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press release from Honeywell or major financial news outlets
Story
Honeywell ($HON) Explores Aerospace Business Separation, Sees 3.2% Pre-Market Increase Ahead of Q4 2024 Earnings
Dec 16, 2024, 11:57 AM
Honeywell International Inc. ($HON) is actively exploring strategic alternatives to enhance shareholder value, including the potential separation of its Aerospace business. The company is undergoing a comprehensive review of its portfolio, which also involves plans to spin off its materials business and divest its personal protective equipment segment. This move comes as activist investor Elliott Management has expressed support for Honeywell's ongoing review of its strategic options. The company is expected to provide updates on these initiatives during its Q4 2024 earnings report. Following the announcement, Honeywell's stock saw a pre-market increase of 3.2%.
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Similar markets
Yes • 50%
No • 50%
New CEO • 25%
Spin-off of division • 25%
Major acquisition • 25%
No major changes • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Honeywell splits into two entities • 25%
Honeywell remains a single entity • 25%
Honeywell merges with another company • 25%
Other restructuring outcome • 25%
Aerospace and Automation split • 25%
Only Aerospace split • 25%
Only Automation split • 25%
No split • 25%
