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Stock impact report

Honeywell Aerospace Spin Off Reshapes Capital Structure And Investor Focus [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Honeywell International (NasdaqGS:HON) has started the spin-off of its Aerospace business into a separate company. The process includes private debt offerings and new credit facilities to fund the separation. The Aerospace unit has filed a Form 10 registration as a key regulatory step toward becoming a standalone entity. Honeywell has scheduled an Investor Day for the future aerospace company to outline its business profile and capital plans. If you follow industrials, you probably know Honeywell for its mix of aerospace, building technologies, performance materials, and industrial automation. Separating the Aerospace division could reshape how investors think about NasdaqGS:HON, because a large, distinct business is moving toward its own structure, balance sheet, and reporting. For the broader aerospace and defense sector, a dedicated pure play from Honeywell may change how peers are benchmarked and compared. For current and potential shareholders, this spin-off raises pra Show less Read more
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