Air Products and Chemicals, Inc. (APD) announced that Honeywell International Inc. (HON) will acquire APD's liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13 times the estimated 2024 EBITDA.This acquisition will enable Honeywell to provide a comprehensive, top-tier solution for managing energy transformation. The new offering will include natural gas pre-treatment and advanced liquefaction, integrated with Hon ...