Johnson Matthey agrees to reduced $1.8 billion sale of catalyst division to Honeywell

UK chemicals company Johnson Matthey agreed to sell its catalyst technologies business to Honeywell for a reduced price of 1.33 billion pounds ($1.80 billion) on Monday, down from the previously agreed value of 1.8 billion pound.

Reuters • Feb 23, 2026

Green deals are being postponed, so Honeywell just shaved $500 million off a chemicals acquisition

Honeywell International on Monday received a 26% discount on its deal to acquire a business tied to the struggling chemicals industry.

Market Watch • Feb 23, 2026

Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey's Catalyst Technologies Business

Total consideration adjusted to £1.325 billion, long stop date extended to accommodate outstanding transaction requirements CHARLOTTE, N.C., Feb. 23, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that it has entered into an amended agreement to acquire Johnson Matthey's Catalyst Technologies business segment, which adjusts the total consideration from £1.8 billion to £1.325 billion and extends the long stop date to July 21, 2026.

PRNewsWire • Feb 23, 2026

Johnson Matthey cuts price of catalyst business sale to Honeywell

Johnson Matthey PLC has cut the price it is selling its Catalyst Technologies (CT) division to Honeywell and agreed to extend the deadline, saying it plans to return around £1 billion to shareholders. The chemicals group said it has lowered the price to reflect the deferral of key licensing projects and reduced profitability from supplying catalysts because of what it described as a challenging market environment.

Proactive Investors • Feb 23, 2026

SSUMY vs. HON: Which Stock Should Value Investors Buy Now?

Investors interested in Diversified Operations stocks are likely familiar with Sumitomo Corp. (SSUMY) and Honeywell International Inc. (HON). But which of these two stocks is more attractive to value investors?

Zacks Investment Research • Feb 23, 2026

Johnson Matthey Lowers Price of Unit Being Sold to Honeywell to $1.8 Billion

Johnson Matthey cut the price of the catalysts technologies unit that it is selling to Honeywell International by more than a quarter and extended the deadline for the closure of the deal.

WSJ • Feb 23, 2026

The Zacks Analyst Blog UnitedHealth, Honeywell , Shopify and Optex Systems

UNH, HON and SHOP land fresh Zacks reports, spotlighting earnings beats, margin pressures and segment strength shaping their outlook.

Zacks Investment Research • Feb 20, 2026

Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring

Retirees watching their portfolios in early 2026 have reason to smile. While tech stocks stumble, dividend stalwarts are delivering steady cash flow and capital appreciation.

24/7 Wall Street • Feb 19, 2026

Caterpillar, Honeywell, and Chevron Lead the Dow Jones in 2026

The Dow Jones Industrial Average (NYSEARCA:DIA) has climbed 3.4% year-to-date through Wednesday, but three industrial and energy giants are leaving the broader index behind.

24/7 Wall Street • Feb 19, 2026

Honeywell International Inc. (HON) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript

Honeywell International Inc. (HON) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript

Seeking Alpha • Feb 18, 2026