Solstice Advanced Materials to Acquire Element Solutions in $14.5 Billion Deal
Solstice Advanced Materials (NASDAQ:SOLS) announced a cash-and-stock acquisition of Element Solutions for approximately $14.5 billion, aiming to create a market leader in the specialty chemicals sector by combining their product portfolios. The deal is expected to close in early 2027 and will result in Element shareholders owning about 44% of the combined company.
Topics: corporate strategy merger and acquisition specialty chemicals