Honeywell Spinoff Sues Former Parent Over Asbestos Liabilities - News Summed Up

Honeywell Spinoff Sues Former Parent Over Asbestos Liabilities


Garrett Motion Inc. is suing its former parent, Honeywell International Inc., alleging that it was forced into a burdensome agreement related to asbestos liabilities. Garrett is Honeywell’s former transportation-systems division, making turbochargers and compressors for cars and trucks, and became a separate public company in October 2018.


Source: Wall Street Journal December 02, 2019 18:45 UTC



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