Solstice Advanced Materials and Element Solutions in talks to merge, creating specialty chemicals giant
Overview Honeywell's spin-off, Solstice Advanced Materials (SOLS), is in talks with specialty chemicals company Element Solutions (ESI) regarding a potential merger. If successful, the deal could create a specialty chemicals giant valued at up to $27 billion. Solstice Advanced Materials plans to acquire its rival for $14.5 billion, primarily aiming to capitalize on the current