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Posted by
Two Blokes May 22, 2025 -
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Stock
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$1.325 billion divestiture optimizes and simplifies Honeywell's portfolio Positions Honeywell to continue to deliver profitable growth and strong cash generation, creating compelling long-term value for shareowners CHARLOTTE, N.C. , May 22, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it has completed the sale of its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP") for $1.325 billion in an all-cash transaction.
