Honeywell spins off units worth $7.5 billion in sales, keeps aerospace
U.S. manufacturer Honeywell International Inc
Honeywell said the two businesses were together worth $7.5 billion in annualized sales. The changes defy calls by one of its shareholders, activist hedge fund Third Point LLC, to spin off its aerospace division.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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