Honeywell to Buy Air Products’ LNG business for $1.81 Billion

By Reuters (Reuters) – Industrial giant Honeywell  said on Wednesday it would buy Air Products’ liquefied natural-gas process technology and equipment business for $1.81 billion in cash. The deal would help Honeywell add LNG technologies such as heat exchangers and cryogenic equipment to its portfolio and marks the industrial conglomerate’s fourth acquisition this year. Since taking charge … Read more