Brief: Solstice To Buy Element Solutions In $14.5 Billion Cash-And-Stock Deal

Solstice Advanced Materials

06/07/2026 13:16

July 6 (Reuters) - Solstice: 
SOLSTICE: ELEMENT SHAREHOLDERS TO RECEIVE $10 CASH AND 0.5 SOLSTICE SHARES PER ELEMENT SHARE 
SOLSTICE ADVANCED MATERIALS TO ACQUIRE ELEMENT SOLUTIONS, CREATING AN INDUSTRY-LEADING ADVANCED MATERIALS PLATFORM ALIGNED TO SERVING ATTRACTIVE SECULAR GROWTH MARKETS
SOLSTICE TO BUY ELEMENT SOLUTIONS IN $14.5 BILLION CASH-AND-STOCK DEAL
SOLSTICE: ELEMENT SHAREHOLDERS TO OWN 44% OF COMBINED COMPANY UPON CLOSING
SOLSTICE ADVANCED MATERIALS : DEAL EXPECTED TO BE ACCRETIVE TO SALES GROWTH AND ADJUSTED EPS IN YEAR ONE
SOLSTICE:  EXPECTS OVER $180 MILLION NET SYNERGIES BY THIRD YEAR POST-CLOSE
SOLSTICE ADVANCED MATERIALS: SECURED FULLY COMMITTED FINANCING FOR TRANSACTION IN FORM OF INITIAL $4.7 BILLION BRIDGE COMMITMENT FROM GOLDMAN SACHS
SOLSTICE : UPON CLOSING, COMBINED CO TO OPERATE AS SOLSTICE, DAVID SEWELL TO SERVE AS PRESIDENT CEO OF COMBINED CO
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