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InsideArbitrage Potential Deal Alert: Florida Chemical Maker Element Solutions (ESI) Explores Sale

  • October 24, 2024

POTENTIAL DEAL DETAILS

StockElement Solutions IncSymbolESI
Date Announced10/23/2024Source Bloomberg
TypeNews Report

Bloomberg reported that specialty chemicals manufacturer Element Solutions (ESI) is exploring options including a sale.

The company has hired Bank of America (BAC) and Goldman Sachs Group (GS) as it gauges interest from potential suitors. The chemicals maker is most likely to draw interest from its peers, as well as from some financial investors.

Element Solutions Inc Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.