ID 314998 © Robert Brown | Dreamstime.com
3 8
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 as much as 2.6% on Friday following the Bloomberg News report, their largest intraday move since early June. They have declined about 2% this year, valuing the company at around $133 billion…
The full post is here.
