Fri. 26 Jul 2024, 12:58pm ET
Benzinga
News, IPOs
Honeywell International Inc. is considering an initial public offering of its majority-owned quantum computing firm Quantinuum as soon as next year, according to people with knowledge of the matter.
The firm has held discussions with several investment banks about a potential listing in the US and could seek a valuation of about $10 billion for Quantinuum, said the people, who asked not to be identified as the information is private.