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Solstice, Element Solutions weigh $27 billion merger, FT reports

M&A & RestructuringCompany Fundamentals
Solstice, Element Solutions weigh $27 billion merger, FT reports

Honeywell’s spinoff, Solstice Advanced Materials, is reportedly in talks to merge with Element Solutions in a deal that could value the combined chemicals company at about $27B including debt. If completed, this would be a sizable consolidation in specialty chemicals and could re-rate investor expectations around the new entity.

Analysis

Honeywell’s spinoff, Solstice Advanced Materials, is reportedly in talks to merge with Element Solutions in a deal that could value the combined chemicals company at about $27B including debt. If completed, this would be a sizable consolidation in specialty chemicals and could re-rate investor expectations around the new entity.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

ESI0.35
HON0.25
SOLS0.45