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News

UK's Johnson Matthey sells unit to Honeywell

Financial Times · 20h
Honeywell buys Johnson Matthey catalyst unit in £1.8bn deal
US industrials group Honeywell is close to securing a £1.8bn all-cash deal to buy the catalyst technologies arm of FTSE 250 chemicals company Johnson Matthey.
Reuters on MSN · 16h
Johnson Matthey soars on $2.4 billion unit sale to Honeywell
UK chemicals company Johnson Matthey has agreed to sell its catalyst technologies business to Honeywell International for 1.8 billion pounds ($2.4 billion), including debt, it said on Thursday, driving its shares up by a third.
Yahoo Finance · 22h
HONEYWELL TO ACQUIRE JOHNSON MATTHEY'S CATALYST TECHNOLOGIES BUSINESS, EXPANDING PORTFOLIO OF LEADING CATALYST AND PROCESS TECHNOLOGIES
Honeywell (NASDAQ: HON) today announced that it has agreed to acquire Johnson Matthey's Catalyst Technologies business segment for £1.8 billion in an all-cash transaction, representing approximately 11x estimated 2025 EBITDA,
13hon MSN
Honeywell expansion spree continues with $2.4B deal to buy part of UK company
In its latest expansion move, Honeywell reached a $2.4 billion agreement to acquire a British chemical company’s catalyst ...
17h
British chemicals giant abandons bet on net zero aviation fuel
British chemicals manufacturer Johnson Matthey (JM) has agreed to sell its net zero aviation fuel business for £1.8bn amid ...

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