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Honeywell spin-off Solstice in talks to merge with chemicals company Element Solutions, FT reports

Honeywell spin-off Solstice in talks to merge with chemicals company Element Solutions, FT reports

- Solstice Advanced Materials SOLS.O, which was spun off from Honeywell HON.O last year, is in talks to merge with chemicals company Element Solutions ESI.N, the Financial Times reported on Monday.

The deal could create a combined group worth $27 billion, the FT added.

Reuters could not immediately verify the report.


(Reporting by Sumedha Mukherjee in Bengaluru; Editing by Subhranshu Sahu)

((Sumedha.Mukherjee2@thomsonreuters.com))

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