Industrial Conglomerates
Case studies in industrial conglomerates.
3M: Separate Before the Obligations Are Settled?
On June 22, 2023, 3M disclosed a proposed settlement of public-water-system claims involving PFAS. Read case
DuPont: What Should the New Portfolio Fund First?
In early August 2026, DuPont de Nemours reported another quarter of growth in both of its remaining operating segments. The results arrived after two major changes to the company’s boundaries: DuPont had separated its electronics businesses into Qnity in November 2025 and sold its Aramids business in April 2026. Read case
Honeywell at a portfolio crossroads: Should Aerospace stand alone?
At 6:00 a.m. Eastern on December 16, Honeywell said its board was continuing a comprehensive portfolio evaluation and exploring additional alternatives, “including the potential separation” of Aerospace. Feasibility and possible timing remained under evaluation, with an update expected alongside fourth-quarter results. Read case