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Honeywell buys supply-chain firm for US$1.5b in return to bite-size M&A

Published Mon, Jul 4, 2016 · 09:50 PM

Dallas

BLOCKED in an attempt at a record US$90 billion takeover, Honeywell International Inc is going back to its traditional pursuit of smaller deals with a US$1.5 billion purchase of warehouse automation company Intelligrated.

The acquisition will help Honeywell tap into fast growth for fulfilment centres spurred by online commerce…

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