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Honeywell To Spin Off Materials Biz Amid $9B Buying Spree

By Al Barbarino ( October 8, 2024, 4:24 PM EDT) -- Skadden-advised Honeywell said Tuesday it will spin off its advanced materials business into an independent publicly traded company, the latest maneuver in a $25 billion strategic restructuring that the company said has included about $9 billion deployed for acquisitions in 2024. ...

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