Elliott's $5 billion Honeywell gambit: would a split pay off?
4 days ago · Elliott's $5 billion-plus stake in Honeywell is one of its largest single investments; it argues that shares could rise between 51% and 75% over the next two years with a breakup, a prediction ...
Elliott calls for Honeywell break up, takes $5 bln-plus stake
Nov 12, 2024 · Elliott said in a letter that it had built a stake worth more than $5 billion in Honeywell, one of its largest ever, and that management should split the company into two standalone businesses ...
Activist Investor Seeks Breakup Of Honeywell - Forbes
5 days ago · Deal Overview. On November 12, 2024, Activist investor Elliott Investment Management LP (Elliott) stated in a letter addressed to Honeywell’s Board of Directors that it wants Honeywell ...
Elliott Builds $5 Billion Stake in Honeywell, Calls on ... - Morningstar
Nov 12, 2024 · By Ben Glickman. 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 ...
Honeywell Surges Nearly 5% After Elliott's $5B Stake and …
Nov 12, 2024 · Elliott says breaking things up could supercharge the stock by 51-75% over the next two yearsand the market seems to agree. Honeywell shares jumped nearly 5% on the news, their best run in four years.
Elliott Sends Letter to the Board of Directors of Honeywell ...
Nov 12, 2024 · Elliott believes a separation of Aerospace and Automation would result in share-price gains of 51% – 75% over the next two years. Elliott said it hopes its letter to Honeywell is received in...
Elliott Calls for Honeywell Break Up, Takes $5 Billion-Plus Stake
Nov 12, 2024 · Elliott said in a letter that it had built a stake worth more than $5 billion in Honeywell, one of its largest ever, and that management should split the company into two standalone businesses ...
Activist investor Elliott Management has $5 billion Honeywell …
Nov 12, 2024 · Elliott believes that dividing Honeywell into two companies could unlock upside of as much as 75% over the next two years. Honeywell CEO Vimal Kapur was appointed to the top job in 2023. He has ...
Elliott Takes More Than $5B Stake in Honeywell, Advises …
Nov 12, 2024 · Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate ...
Elliott Amasses $5 Billion-Plus Stake in Honeywell - Bloomberg
Nov 12, 2024 · Elliott Investment Management has built a $5 billion-plus position in Honeywell International Inc. and is pushing the industrial giant to pursue a break up.. The activist investment firm wants ...