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"Honeywell Weighs Quantinuum IPO At $10B Valuation; The Firm Has Held Early Talks With Banks On Potential IPO; A Listing In The US Could Take Place As Soon As Next Year" - Bloomberg News

Author: Benzinga Newsdesk | July 26, 2024 12:58pm

https://www.bloomberg.com/news/articles/2024-07-26/honeywell-said-to-weigh-quantinuum-ipo-at-10-billion-valuation?srnd=phx-markets

Honeywell International Inc. 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.

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