Odyssey in advanced talks to buy Honeywell’s face mask unit, Bloomberg News reports

(Reuters) – Private equity firm Odyssey is in advanced negotiations to buy Honeywell’s face mask unit, Bloomberg News reported on Friday, citing people familiar with the matter.

A deal could value Honeywell’s PPE unit at about $1.5 billion, the report added.

(Reporting by Utkarsh Shetti in Bengaluru; Editing by Devika Syamnath)