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Market Chatter: Honeywell in Advanced Talks to Sell Face Mask Unit to Odyssey
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Market Chatter: Honeywell in Advanced Talks to Sell Face Mask Unit to Odyssey
Oct 11, 2024 10:47 AM

01:22 PM EDT, 10/11/2024 (MT Newswires) -- Honeywell International ( HON ) is in advanced talks to sell personal protective equipment unit to Odyssey Investment Partners, Bloomberg reported Friday, citing people familiar with the matter.

The deal could value the face mask unit at about $1.5 billion, the sources told the news outlet.

Honeywell ( HON ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 214.12, Change: +0.52, Percent Change: +0.24

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