News
Honeywell Spinoff Solstice Inks $14.5 Billion Deal For 'Increased Exposure' To AI Boom
Licensing
10:33 AM ET 07/06/2026
Honeywell spinoff Solstice Advanced Materials wants "increased exposure" to the AI infrastructure boom. It's paying $14.5 billion to get it. Investors aren't thrilled. That's the approximate price Solstice says it will pay for Element Solutions in cash, stock and assumed debt for a greater stake in "high-growth electronics, AI infrastructure and other attractive end markets." Solstice will pay $10 cash…
