Element Solutions、Solstice相互终止合并协议

2026-08-28 05:14

Element Solutions (ESI) and Solstice Advanced Materials (SOLS) said on Thursday they have mutually terminated their previously announced merger agreement, with no fees payable by either party.
ESI stock jumps 4% in after-hours trading while SOLS slips 0.33%.
The companies said the decision followed shareholder feedback, with both boards concluding the businesses would better serve shareholders as standalone companies.
Solstice reaffirmed its 2026 net sales guidance of $4,125M - $4,185M. It plans to focus on organic growth opportunities and capital returns. Its board also authorized a $500M share repurchase program, its first such authorization.
Element Solutions said it will continue to focus on operational excellence, prudent capital allocation, and new product development.

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