Honeywell, a big company that makes lots of different things, is splitting up! For years, it was like a big box of toys – some popular, some not. Many big companies used to do this, hoping to make more money.
- Big companies used to try combining lots of different businesses.
- This didn't always work well for investors.
- Honeywell is now splitting into three smaller companies.
- This is similar to what other big companies have done recently.
| Company | What happened |
|---|---|
| Honeywell | Splitting into 3 smaller companies |
| GE, Alcoa, United Technologies | Already split up into smaller companies |
It's like having a big toy chest and deciding to sort the toys into three smaller chests. This might make things easier to manage!
