NewsBBG: Honeywell weighs Quantinuum IPO at $10bn valuation

July 29, 2024by 0

BLOOMBERG reports:
Honeywell International is considering an initial public offering of its majority-owned quantum computing firm Quantinuum as soon as next year, according to people with knowledge of the matter.
The firm has held discussions with several investment banks about a potential listing in the US and could seek a valuation of about $10 billion for Quantinuum, said the people, who asked not to be identified as the information is private.
Honeywell shares jumped …

The post BBG: Honeywell weighs Quantinuum IPO at $10bn valuation appeared first on The Loadstar.

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