Honeywell (HON) announced that its board of directors continues the business portfolio evaluation launched earlier this year by chairman and CEO Vimal Kapur to explore additional strategic alternatives, including the potential separation of its Aerospace business. Honeywell plans to provide an update with its fourth quarter 2024 earnings release. Since December 2023, Honeywell has announced a number of strategic actions to simplify its portfolio following the realignment of its business segments.
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