Honeywell cuts price to £1.325 billion in amended Johnson Matthey Catalyst Technologies deal
Honeywell International Inc. HON | 229.38 | -1.21% |
Honeywell has amended its agreement to acquire Johnson Matthey’s Catalyst Technologies business, cutting the total consideration to £1.325 billion from £1.8 billion and extending the long stop date to July 21, 2026, with a potential extension to August 21, 2026 if certain conditions are met. The company said it now expects the deal to close by the end of August 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honeywell International Incorporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602230205PR_NEWS_USPR_____NY92984) on February 23, 2026, and is solely responsible for the information contained therein.
