#Latest news with #businessstreamliningBloomberg22-05-2025BusinessBloombergHoneywell to Buy Johnson Matthey's Catalyst Business for $2.4 BillionHoneywell International Inc. agreed to buy Johnson Matthey Plc 's catalyst technology business for an enterprise value of about £1.8 billion ($2.4 billion) in cash. Johnson Matthey announced the deal on Thursday amid an effort to streamline its business. The price represents a premium to the average analyst valuation of £945 million for the business, it said.
Bloomberg22-05-2025BusinessBloombergHoneywell to Buy Johnson Matthey's Catalyst Business for $2.4 BillionHoneywell International Inc. agreed to buy Johnson Matthey Plc 's catalyst technology business for an enterprise value of about £1.8 billion ($2.4 billion) in cash. Johnson Matthey announced the deal on Thursday amid an effort to streamline its business. The price represents a premium to the average analyst valuation of £945 million for the business, it said.