financetom
Business
financetom
/
Business
/
Odyssey in advanced talks to buy Honeywell's face mask unit, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Odyssey in advanced talks to buy Honeywell's face mask unit, Bloomberg News reports
Oct 11, 2024 11:08 AM

(Reuters) - Private equity firm Odyssey is in advanced negotiations to buy Honeywell's ( HON ) face mask unit, Bloomberg News reported on Friday, citing people familiar with the matter.

A deal could value Honeywell's ( HON ) PPE unit at about $1.5 billion, the report added.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GSK Says Blenrep Granted Breakthrough Therapy Designation in China
GSK Says Blenrep Granted Breakthrough Therapy Designation in China
Sep 13, 2024
07:09 AM EDT, 09/13/2024 (MT Newswires) -- GSK (GSK) said Friday its blood cancer drug, Blenrep, was granted a breakthrough therapy designation in China. China's National Medical Products Administration gave the designation to Blenrep combined with the injectable bortezomib plus the steroid dexamethasone, GSK said. Breakthrough therapy designation will help expedite the development and approval of the indication in China....
BMO Sees Canada's Households Facing More Upward Debt Service Ratios
BMO Sees Canada's Households Facing More Upward Debt Service Ratios
Sep 13, 2024
07:06 AM EDT, 09/13/2024 (MT Newswires) -- Canadian household finances remain acutely vulnerable to elevated rates, said Bank of Montreal (BMO). While debt levels have trended downward as a share of income over the past couple of years, the debt service ratio -- which measures interest and principal as a share of disposable income -- has risen to near all-time...
Top Premarket Gainers
Top Premarket Gainers
Sep 13, 2024
07:10 AM EDT, 09/13/2024 (MT Newswires) -- SMX (SMX) shares jumped more than 57% in recent Friday premarket activity after the company said overnight it closed its previously announced private placement of about $5.4 million ordinary shares and pre-funded and investor warrants at a price of $1.00 apiece. Immuneering ( IMRX ) stock rose 43%, a day after it said...
Exxon, Mitsubishi Join Forces For Low-Carbon Hydrogen Project
Exxon, Mitsubishi Join Forces For Low-Carbon Hydrogen Project
Sep 13, 2024
Exxon Mobil Corporation ( XOM ) shares are trading higher premarket Friday. Exxon Mobil ( XOM ) inked a Project Framework Agreement with Mitsubishi Corporation ( MSBHF ) for participation in its Baytown, Texas facility. Under the terms of the agreement, the companies will advance talks regarding Mitsubishi’s offtake of low-carbon ammonia and equity participation in the project.  The facility is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved