Johnson Matthey has published the key highlights from its second-half earnings call, detailing its financial performance and outlook.

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.

Johnson Matthey reported Non-GAAP EPS of 128.50p and revenue of £12.57B, stating it is on track to achieve its 2027/28 guidance.

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 announced its acquisition of Cormetech, a catalyst maker that has been expanding in the US power generation market, for up to £343 million.

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.