Honeywell Cuts Johnson Matthey Catalyst Deal to £1.325B, Extends Close to 2026 Amid Regulatory Review
When industrial giants renegotiate price tags, it’s rarely cosmetic. Honeywell has amended its agreement to acquire the Catalyst Technologies unit of Johnson Matthey, cutting the total consideration from £1.8 billion to £1.325 billion and pushing the long stop date to July 21, 2026. The move reflects both a recalibration of valuation and the reality of…
