Solstice Advanced Materials acquires Element Solutions in $14.5 billion deal
By
Craig Bettenhausen
Summary
Solstice Advanced Materials, a fluorochemical manufacturer spun off from Honeywell, has agreed to acquire Element Solutions, a chemical formulator and distributor, in a cash-and-stock deal valued at $14.5 billion. The acquisition signals Solstice's continued investment and expansion in the electronic materials sector.
Source
bskySolstice Advanced Materials acquires Element Solutions in $14.5 billion dealcen.acs.orgKey quotes
· 1 pulledThe fluorochemical maker Solstice Advanced Materials has agreed to purchase the chemical formulator and distributor Element Solutions in a cash-and-stock deal worth $14.5 billion.
You might also wanna read
Honeywell spin-off in merger talks to create $27bn materials group
Solstice buys Element Solutions in $14.5 billion deal, sharpens focus on AI market
MDA Space acquires US-based spacecraft component supplier to expand defence market reach
MDA Space Ltd. has announced a definitive agreement to acquire a US-based spacecraft and satellite component supplier. The acquisition expan
brnw.ch·18d ago
Tesla's 4680 Battery Supply Chain Disrupted as Partner Writes Down $2.9B Deal by 99%
South Korean battery material supplier L&F Co. has written down the value of its $2.9 billion supply deal with Tesla by over 99%, indicating
electrek.co·6mo ago
ASML invests €1.3 billion in Mistral AI as part of strategic semiconductor-AI partnership
ASML Holding NV and Mistral AI have announced a strategic partnership to integrate AI models across ASML's semiconductor equipment portfolio
asml.com·10mo ago
Mistral AI raises €1.7B in Series C funding led by ASML at €11.7B valuation
Mistral AI has raised €1.7 billion in Series C funding at an €11.7 billion post-money valuation, led by semiconductor equipment manufacturer
mistral.ai·10mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.