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Johnson Matthey Lowers Price of Unit Being Sold to Honeywell to $1.8 Billion
WSJ· 2026-02-23 08:20
Core Viewpoint - Johnson Matthey has reduced the sale price of its catalysts technologies unit to Honeywell International by over 25% and has extended the deadline for the deal's closure [1] Group 1 - The price cut for the catalysts technologies unit is significant, indicating a strategic adjustment by Johnson Matthey to facilitate the sale [1] - The extension of the deadline for the deal suggests potential complexities or negotiations that are ongoing between Johnson Matthey and Honeywell International [1]