
Solstice Advanced Materials to Acquire Element Solutions in $14.5 Billion Deal
Honeywell spinoff Solstice Advanced Materials is set to acquire Element Solutions in a $14.5 billion cash-and-stock deal, aiming to sharpen its focus on the AI market. This acquisition follows earlier reports of merger talks between the two companies for a larger $27 billion valuation.
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Honeywell spin-off in merger talks to create $27bn materials group
Combination with Element Solutions would boost Solstice’s role as key supplier of chipmaking inputs
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