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Divestiture Dec 2004 Verified

Honeywell Plans to Divest Novar's Non-Core Units

As part of the acquisition, Honeywell stated it does not intend to hold onto Novar's Indalex Aluminum Solutions and Security Printing Services divisions long-term and will pursue strategic alternatives for these units.

“Honeywell said it does not intend to hold Indalex Aluminum Solutions and Security Printing Services in the long-term and expects to pursue strategic alternatives for these units as soon as practical.”

Entities

Other Sentiment: Neutral
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.