Honeywell Acquires Air Products' LNG Process Business for $1.81B
Cheniere(LNG) ZACKS·2024-10-01 23:41
Honeywell International Inc. (HON) has completed the acquisition of Air Products and Chemicals, Inc.’s (APD) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in cash. This marks Honeywell’s fourth acquisition so far this year.HON’s shares lost 0.44% yesterday to eventually close the trading session at $206.71.Headquartered in Pennsylvania, Air Products produces atmospheric, process and specialty gases for various industries, such as refining, chemicals and healthcare. ...