WEST PALM BEACH,
Fla., Dec. 16, 2024 /PRNewswire/ -- Elliott
Investment Management L.P. (together with its affiliates "Elliott")
today released the following statement attributed to Partner Marc
Steinberg and Managing Partner Jesse Cohn regarding Honeywell
International Inc. (NYSE: HON) ("Honeywell").
Elliott welcomes Honeywell's announcement
today of its ongoing review of strategic alternatives, including
the separation of its Aerospace business. We believe the portfolio
transformation Vimal and his team are leading represents the right
course for Honeywell, and we look forward to the upcoming
completion of the review and to supporting Honeywell as it
implements the necessary steps to realize its full value.
About Elliott
Elliott Investment Management L.P. (together with
its affiliates, "Elliott") manages approximately $69.7 billion of assets as of June 30, 2024. Founded in 1977, it is one of the
oldest funds under continuous management. The Elliott funds'
investors include pension plans, sovereign wealth funds,
endowments, foundations, funds-of-funds, high net worth individuals
and families, and employees of the firm.
Media Contact:
Stephen Spruiell
Elliott Investment Management L.P.
212-478-2017
sSpruiell@elliottmgmt.com
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SOURCE Elliott Investment Management L.P.