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 |
July 6 (Reuters) - 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.
