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Honeywell Acquires Air Products' LNG Process Business for $1.81B
LNGCheniere(LNG) ZACKS·2024-10-01 23:41

Honeywell International Inc. (HON) has completed the acquisition of Air Products and Chemicals, Inc.’s (APD) liquefied natural gas (LNG) process technology and equipment business for 1.81billionincash.ThismarksHoneywell’sfourthacquisitionsofarthisyear.HON’sshareslost0.441.81 billion in cash. This marks Honeywell’s fourth acquisition so far this year.HON’s shares lost 0.44% yesterday to eventually close the trading session at 206.71.Headquartered in Pennsylvania, Air Products produces atmospheric, process and specialty gases for various industries, such as refining, chemicals and healthcare. ...