Honeywell (HON) is thinking of walking away from its acquisition of Johnson Matthey’s Catalyst Technologies business, Aaron Kirchfeld and Liana Baker of Bloomberg reports, citing people familiar with the matter. The final decision is set to be made in the coming days, the sources added.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Honeywell (HON) Weighs Exit From $2.4 Billion Johnson Matthey Catalyst Deal
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 22
- Albemarle, Kinder Morgan, Honeywell, Fastly, Lyft Shake Up
- Paulson buys Solstice, exits Honeywell in Q4
- Honeywell Updates 10-K, Advances Portfolio Optimization Strategy