Halliburton, Honeywell, Sealed Air
Reaching Big Asbestos Settlements

In a little more than half a month, hundreds of thousands of claims against three companies were potentially wiped off the books in exchange for settlements totaling more than $5 billion.

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Halliburton, Honeywell & Sealed Air all reportedly reached agreements with asbestos claimants that will cover nearly all pending and future asbestos claims filed against the companies.

After weeks of speculation, Halliburton announced Dec. 18 that it had reached an agreement with more than 75 percent of the known present asbestos claimants needed to achieve resolution of the 300,000 asbestos claims pending against its subsidiaries, Kellogg Brown …