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

Solstice Advanced Materials, Inc.
Honeywell Technologies Inc.
Element Solutions Inc

Solstice Advanced Materials, Inc.

SOLS

0.00

Honeywell Technologies Inc.

HON

0.00

Element Solutions Inc

ESI

0.00

- 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.