Honeywell to split into 3 companies.
One dedicated to automation, one to aerospace, and another to advanced materials.
- Automation with about $18 billion in sales.
- Aerospace revenues is $15 billion
- Advanced Materials is the smallest business, with about $4 billion in annual sales.
- Automation with about $18 billion in sales.
- Aerospace revenues is $15 billion
- Advanced Materials is the smallest business, with about $4 billion in annual sales.
CEOs who waste their time on corporate restructuring should be fired. Not sure - how it moves the needle - company has a PE ratio of around 25. Stock has not moved in 4-5 years but blame that on the P&L.
It plans to be like GE. As if, the quality of the management is not important. Just breakup and you become GE
GE breakup was superb. I think total market cap jump for shareholders has been almost 2x in 8 months
I followed GE breakup and Held some stock from Break up GEV and Ge did great . Return is incredible.
Can we say the same for HON . Jack welch wanted to buy before but failed. This might be the time to unlock share holder value . Lets see if 2nd GE can happen
Can we say the same for HON . Jack welch wanted to buy before but failed. This might be the time to unlock share holder value . Lets see if 2nd GE can happen