Allied-Signal added 2 units to those it will spin off.
- Share via
The addition of two chemical businesses brings to 32 the number that will be spun off into Henley Group, the newly named offshoot that will be headed by former Allied-Signal President Michael Dingman. Henley, which until now has been referred simply as Newco, expects annual revenue of nearly $3 billion.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.