Solstice Advanced Materials Reportsedly Considering Merger with Element Solutions in $27 Billion Deal
Solstice Advanced Materials (NASDAQ:SOLS) is reportedly exploring a merger of equals with Element Solutions Inc (NYSE:ESI), which could create a combined enterprise valued at approximately $27 billion. The deal, primarily structured through stock and some cash, aims to strengthen Solstice's position in semiconductor materials by combining its portfolio with ESI’s expertise.
Topics: corporate_strategy semiconductors specialty_chemicals