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Stock impact report

Honeywell Resets Catalyst Deal Terms And Timeline While Targeting EPS Growth [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
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Honeywell International (NasdaqGS:HON) has amended its agreement to acquire Johnson Matthey's Catalyst Technologies business, materially reducing the purchase price. The revised deal also extends the deadline to close the transaction, following earlier uncertainty about whether the acquisition would go ahead. The company expects the updated transaction structure to be financially accretive and to support its plans in catalysts and renewable fuels. For investors tracking NasdaqGS:HON, this move comes with the stock trading around $242.2 and showing a gain of 23.6% year to date and 41.4% over the past 3 years. The amended terms around Catalyst Technologies add a fresh layer to the story, as Honeywell adjusts the deal while keeping its focus on expanding its catalyst portfolio. The lower purchase price and extended closing window give Honeywell more room to integrate Cat Show less Read more
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