$1.325 billion divestiture optimizes and simplifies Honeywell's portfolio  Positions Honeywell to continue to deliver profitable growth and strong cash generation, creating compelling long-term value for shareownersCHARLOTTE, N.C., May 22, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it has completed the sale of its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ("PIP") for $1.325 billion in an all-cash transaction. PIP is a global supplier and manufact ...