Solstice Advanced Materials Inc. 8K

Solstice Advanced Materials agreed to acquire Element Solutions Inc. for about $14.5 billion in cash and stock to form a larger advanced materials platform with significant expected synergies, pending shareholder and regulatory approvals and targeted to close in the first half of 2027.

Solstice Advanced Materials announced an agreement to acquire Element Solutions Inc. in a cash-and-stock transaction valued at approximately $14.5 billion, under which Element Solutions shareholders will receive $10.00 in cash and 0.500 shares of Solstice common stock per Element Solutions share, representing an implied $50.10 per share and a 15% premium to Element’s July 2, 2026 closing price; the deal is intended to create an industry‑leading advanced materials platform with about $6.8 billion in 2025 pro forma net sales, $1.7 billion in adjusted EBITDA including more than $180 million of expected run‑rate synergies by year three, and net leverage of roughly 3.5x at closing with a plan to de‑lever below 3x within 18 months, and is subject to shareholder approvals, regulatory clearances, and other customary conditions with expected closing in the first half of 2027, after which Solstice CEO David Sewell will lead the combined company and Element Solutions CEO Ben Gliklich and two other Element directors will join an enlarged 11‑member board.

Filing Facts

CIK

2064953

Ticker

-

Form

8K

Source Type

sec

Accession

0001213900-26-075267

Alert Tier

8