"Breakups of conglomerates in this space have typically created significant value," said Jake Levinson, analyst at Melius Research. Elliott's $5 billion-plus stake in Honeywell is one of its largest ...

Elliott's $5 billion-plus stake in Honeywell is one of its largest single investments; it argues that shares could rise between 51% and 75% over the next two years with a breakup, a prediction ...

Elliott's $5 billion-plus stake in Honeywell is one of its largest single investments; it argues that shares could rise between 51% and 75% over the next two years with a breakup, a prediction ...

“Breakups of conglomerates in this space have typically created significant value,” said Jake Levinson, analyst at Melius Research. Elliott’s $5 billion-plus stake in Honeywell is one of its largest ...

(Reuters) - Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric, United Technologies and ...

In the letter, Elliott revealed that it has acquired a stake worth $5.0 billion in Honeywell, one of its largest investments to date. The firm suggested that Honeywell divide into two standalone ...

China, which recently unveiled plans to support its ailing economy, got more than $40 billion of bids for its first dollar bond issuance since 2021. That’s 20-times the bonds on offer and helped ...

Activist investor Elliott Investment Management has taken a $5 billion stake in Honeywell and called for the company to split its business in two, describing the firm’s quantum computing efforts as a ...