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Resideo Signs Agreement To Accelerate Payment Of All Potential Monetary Obligations

ReutersJul 30, 2025 11:40 AM

July 30 (Reuters) - Honeywell International Inc HON.O:

RESIDEO SIGNS AGREEMENT TO ACCELERATE PAYMENT OF ALL POTENTIAL MONETARY OBLIGATIONS UNDER INDEMNIFICATION AND REIMBURSEMENT AGREEMENT WITH HONEYWELL AND ELIMINATE ALL FUTURE PAYMENTS
RESIDEO TECHNOLOGIES INC: UNDER TERMS OF DEAL, CO TO MAKE A ONE-TIME CASH PAYMENT OF $1.59 BILLION TO HONEYWELL IN Q3 OF 2025
RESIDEO TECHNOLOGIES: EXPECTS Q2 NET REVENUE, ADJUSTED EPS TO BE ABOVE HIGH-END OF ITS OUTLOOK RANGE PROVIDED ON MAY 6
RESIDEO TECHNOLOGIES: INTENDS TO SEPARATE ITS ADI GLOBAL DISTRIBUTION BUSINESS THROUGH A TAX-FREE SPIN-OFF TO CO'S SHAREHOLDERS

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