Johnson Matthey agrees to reduced $1.8 billion sale of catalyst division to Honeywell

Johnson Matthey

23/02/2026 07:06

Feb 23 (Reuters) - UK chemicals company Johnson Matthey JMAT.L agreed to sell its catalyst technologies business to Honeywell HON.O for a reduced price of 1.33 billion pounds ($1.80 billion) on Monday, down from the previously agreed value of 1.8 billion pound.

($1 = 0.7393 pounds)

 (Reporting by Prerna Bedi and Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)

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