Honeywell shares are rising 3% in premarket trading after the conglomerate said it plans to spin off its ... specialty chemicals and materials." The tax-free spinoff to shareholders is targeted ...

Honeywell International Inc. plans to spin off its advanced materials division ... The company intends to separate the unit on a tax-free basis into a separately listed business by early 2026 ...

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according to people familiar with the matter. The Wall Street Journal earlier reported on Honeywell’s plans for the tax-free separation.

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Oct 8 (Reuters) - Honeywell (HON.O), opens new tab will spin off its advanced materials unit into a publicly ... The spin-off, expected to be tax-free to its shareholders, is likely to be ...

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