CHARLOTTE, N.C., July 10, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Air Products (NYSE: APD) jointly announced today that Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated 2024 EBITDA. "While the world continues to build the renewables-based energy infrastructure of the future, natural gas is a critical lower-emission and affordable transition fue ...