Honeywell has significantly reduced the price in its deal to acquire Johnson Matthey’s catalyst business.

Johnson Matthey Lowers Price of Unit Being Sold to Honeywell to $1.8 Billion  The Wall Street Journal

Honeywell has reduced the acquisition price for Johnson Matthey's performance materials business to £1.325 billion and set a new closing window for the deal in 2026.

FTSE 250 company will sell catalyst technologies business to US conglomerate for £1.3bn instead of £1.8bn

Johnson Matthey has reduced the sale price of a unit being divested to Honeywell to $1.8 billion.

Johnson Matthey accepts 26% price cut on Honeywell deal as catalyst unit underperforms  Reuters

Johnson Matthey Lowers Price of Unit Being Sold to Honeywell to $1.8 Billion  The Wall Street Journal

Johnson Matthey has reduced the price of a unit it is selling to Honeywell, with the new agreement setting the value at $1.8 billion.

Honeywell is reportedly evaluating whether to proceed with or withdraw from its proposed catalyst deal with Johnson Matthey.