Honeywell (HON) announced that it has agreed to acquire Johnson Matthey’s Catalyst Technologies business segment for GBP 1.8B in an all-cash transaction, representing approximately 11x estimated 2025 EBITDA, inclusive of tax benefits and run-rate cost synergies. Honeywell’s acquisition of Johnson Matthey’s Catalyst Technologies business segment is expected to close by 1H 2026, subject to customary closing conditions, including receipt of certain regulatory approvals.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Honeywell near all-cash deal to buy Johnson Matthey catalyst unit, FT says
- 3 Best Quantum Computing Stocks to Buy Now, According to Hedge Funds – 5/20/2025
- Honeywell Solstice Air propellant to be utilized by Lupin in inhalers
- The Quantum Revolution Is Closer Than You Think — Here’s What Investors Need to Know
- Honeywell price target raised to $250 from $235 at Mizuho
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue