Solstice Advanced Materials Announces Merger with Element Solutions

Summary

On July 6, 2026, Solstice Advanced Materials Inc. entered into a merger agreement with Element Solutions Inc. The merger involves a two-step process where Element Solutions will first merge with a Solstice subsidiary, followed by the surviving entity merging with another Solstice subsidiary. Element Solutions shareholders will receive 0.500 shares of Solstice common stock and $10 in cash per share. The transaction is subject to various conditions, including regulatory approvals and stockholder approval. Solstice has also secured a bridge financing commitment from Goldman Sachs to fund the transaction.