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Story summary
- Honeywell International Inc. will sell its productivity solutions and services unit to Brady Corp. for $1.4 billion in cash.
- The sale supports Honeywell's plan to streamline operations ahead of its split into aerospace, automation, and advanced materials units.
- The deal is expected to close in the second half of 2026.
- Honeywell's shares fell 1.5% after the announcement.
- Brady Corp. expects the acquisition to boost its profits in the first year.
