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Honeywell (HON) to Acquire Air Products' LNG Process Business
HONHoneywell(HON) ZACKS·2024-07-11 23:41

HON's shares gained 1.9% yesterday to eventually close the trading session at $214.49. The latest buyout is in sync with Honeywell's policy of acquiring businesses to strengthen its business and expand its market share. The inclusion of LNG process technology and equipment business expertise in inhouse design and manufacturing of coil-wound heat exchangers and related equipment portfolio will boost HON's energy transition portfolio. This acquisition will enable Honeywell to offer a comprehensive solution fo ...