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Honeywell to Split Into Three Public Companies in Q3

Chief Executive Officer Vimal Kapur said Honeywell will become a premier automation company as the group separates into Solstice Advanced Material, Honeywell Aerospace Technologies, and Honeywell Automation.

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Terms & Concepts
  • Publicly traded company: A company whose shares trade on a stock exchange and can be bought by public investors.
  • Automation: The use of technology and software to perform tasks with limited human intervention.