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Market Impact: 0.55

Solstice To Buy Element Solutions For $14.5 Bln; Solstice Stock Down Over 13%

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook

Solstice Advanced Materials (SOLS) agreed to acquire Element Solutions (ESI) for $14.5B in cash-and-share, including the assumption of net debt. The all-in deal size signals a major corporate combination for the specialty chemicals sector and is likely to drive a meaningful repricing for both companies.

Analysis

Solstice Advanced Materials (SOLS) agreed to acquire Element Solutions (ESI) for $14.5B in cash-and-share, including the assumption of net debt. The all-in deal size signals a major corporate combination for the specialty chemicals sector and is likely to drive a meaningful repricing for both companies.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.10

Ticker Sentiment

ESI0.35
SOLS0.55