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Johnson Matthey Cuts Unit Sale Price To Honeywell To £1.3B

By Najiyya Budaly ( February 23, 2026, 10:43 AM GMT) -- Chemicals business Johnson Matthey said Monday that it has slashed the price for selling its catalyst technologies arm to U.S. heavyweight Honeywell to £1.33 billion ($1.6 billion) from £1.8 billion because of the "reduced profitability" of the subsidiary....

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