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Honeywell’s Transformation Continues With $2.2 Billion Deal for Pump Maker
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Honeywell International struck a roughly $2.2 billion deal for pump-and-compressor maker Sundyne, extending the company’s brisk pace of dealmaking. The all-cash deal was announced Tuesday morning, confirming an earlier report from The Wall Street Journal. Sundyne is owned by the private-equity firm Warburg Pincus, which has held the business for the past five years.
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