MORRISTOWN (dpa-AFX) - Honeywell International Inc. (HON) on Wednesday said its majority-owned quantum computing unit, Quantinuum LLC, plans to confidentially file with the U.S. Securities and Exchange Commission for a potential initial public offering.
The company said the number of shares and price range for the IPO have not yet been determined.
Honeywell shares rose more than 1% in pre-market, after closing at $210.28 on Tuesday, up 0.81%.
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