Honeywell to Sell Productivity Unit to Brady for $1.4B
Honeywell will sell its productivity solutions unit to Brady for $1.4 billion. The deal helps streamline operations and is expected to close later this year.
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HONEYWELL INTERNATIONAL INC has reached an agreement to sell its productivity solutions and services division to BRADY CORPORATION - CL A in an all-cash transaction valued at $1.4 billion. The deal, announced on Monday, is part of the industrial conglomerate's broader strategy to streamline its operations and focus on core business segments.
