15 articles
Solstice Advanced Materials reported Q3 net income of $80 million and raised full-year 2026 sales guidance, driven by strong demand in electronic materials and refrigerants, despite terminating its pl
Chemours and Solstice Advanced Materials have enforced their hydrofluoroolefin (HFO) refrigerant patents at the Chillventa 2026 exhibition, securing injunctions against multiple exhibitors for intelle
Activist investor Starboard Value acquired a stake in Honeywell spin-off Solstice Advanced Materials, urging management to focus on refrigerants and nuclear businesses while cutting $100 million in co
Starboard Value built a stake in Solstice Advanced Materials, pushing for cost cuts and a focus on core refrigerants and nuclear operations after a $14.5 billion merger collapsed. Shares fell 32% sinc
Solstice Advanced Materials agreed to pay $80 million to settle lawsuits alleging radiation exposure caused cancer near its uranium conversion plant. The settlement comes as the company plans to expan
Solstice Advanced Materials canceled its acquisition of Element Solutions due to shareholder concerns, amidst mixed M&A sentiment in the chemical sector including the Olin-Huntsman merger. The FDA als
Solstice Advanced Materials and Element Solutions mutually terminated their $14.5 billion acquisition after shareholder feedback. Both firms will operate independently despite the deal's aim to boost
Solstice Advanced Materials and Element Solutions announced the termination of their $14.5 billion merger deal, deciding to remain independent companies. The transaction aimed to combine their capabil
Solstice Advanced Materials and Element Solutions mutually terminated their $14.5 billion merger following shareholder feedback favoring independence. The proposed combination aimed to create a leadin
Element Solutions reported a 60% year-over-year increase in Q2 net income and raised its full-year adjusted EBITDA guidance. Additionally, the company announced a $14.5 billion merger with Solstice Ad
Ten new M&A transactions were announced this week, with deal values surging despite lower volumes compared to 2025. The week's most notable deal involved Solstice Advanced Materials' acquisition.
Solstice Advanced Materials agreed to acquire Element Solutions for $14.5 billion to enhance electronics and AI infrastructure capabilities, with closing expected in the first half of 2027.
Honeywell spinoff Solstice Advanced Materials agreed to acquire Element Solutions for approximately $14.5 billion in a cash-and-stock deal. The combination aims to create a leading supplier of materia
Honeywell reaffirmed its 2026 adjusted profit forecast between $10.35 and $10.65 per share ahead of its planned three-way corporate split. The restructuring involves the separation of its aerospace bu
Solstice Advanced Materials projects Q2 net sales of $1.06–1.1 billion, surpassing analyst estimates, fueled by rising demand for nuclear, electronic materials, and refrigerants linked to AI and semic
ChemBrief