Honeywell to spin out turbochargers business
Published: Tuesday, 10 October 2017
The chemical and engineering giant moves to placate activist investors.
Honeywell International will spin off its
turbochargers and home goods businesses, which the company says
deliver a combined annualised revenue of $7.5bn, in a bid to
calm activist invests.
The US based conglomerate includes a major flurochemical
business, among a wide range of...