GeneralNeutralBlockonomi · 7h ago6/10
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Honeywell (HON) Split: Everything You Need to Know Before the June 29 Aerospace Spinoff
Honeywell announced a planned aerospace spinoff scheduled for June 29, creating a new independent company (HONA) while maintaining its 2026 financial guidance. Shareholders will receive shares in the new aerospace entity, marking a significant corporate restructuring that separates the company's aviation and defense businesses from its remaining operations.