The proposed valuation, which includes existing debt, represents a notable jump from the current market standing of both companies. Solstice Advanced Materials, recently spun off from Honeywell, carries a market capitalization of roughly $12.73 billion. Element Solutions follows with a valuation near $10.63 billion, based on LSEG data.
While the prospect of a combined powerhouse has drawn attention, the negotiations have yet to be independently verified. Both companies have declined to provide comment on the reports, leaving the timeline and final terms of the potential integration unclear for investors watching the chemical space.
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