Kirkland & Ellis advised Honeywell (Nasdaq: HON) on its acquisition of Air Products’ (NYSE: APD) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. The transaction is subject to customary closing conditions and is expected to close before the end of the calendar year. Read Honeywell’s press release The Kirkland team was led by corporate partners Ted Frankel and Kyle Watson and associate Gabrielle Sumich; and technology & IP transactions partner Dan Lewis.