$ESI (ELEMENT SOLUTIONS) — 8-K: Element Solutions and Solstice mutually terminate merger agreement with no termination fees

Element Solutions Inc and Solstice Advanced Materials Inc mutually terminated their merger agreement. Neither party will pay any termination fees. Chairman Ian G.H. Ashken cited shareholder feedback and a board conclusion that both companies would serve shareholders better as standalone companies. CEO Benjamin Gliklich said business momentum continues in-line with guidance.

Element Solutions Inc and Solstice Advanced Materials Inc mutually terminated their merger agreement. Neither party will pay any termination fees. Chairman Ian G.H. Ashken cited shareholder feedback and a board conclusion that both companies would serve shareholders better as standalone companies. CEO Benjamin Gliklich said business momentum continues in-line with guidance.