Honeywell to spin off Solstice Advanced Materials, shares to trade on Nasdaq
PositiveFinancial Markets

Honeywell has announced its decision to spin off Solstice Advanced Materials, a move that will allow the new entity to trade on Nasdaq. This strategic decision is expected to enhance shareholder value and focus on innovation in sustainable materials, which is increasingly important in today's market. Investors are likely to view this as a positive development, as it could lead to greater specialization and growth opportunities for both Honeywell and Solstice.
— Curated by the World Pulse Now AI Editorial System