July 6 : Honeywell spinoff Solstice Advanced Materials said on Monday it will buy Element Solutions at about $14.5 billion, including debt, in a cash-and-stock deal.The deal comes less than a year after Solstice completed its spin-off from industrial conglomerate Honeywell International. The combination would create a larger supplier of materials used in semiconductor manufacturing, electronics and industrial applications. Shares of Element Solutions rose 3.5 per cent in premarket trading, while those of Solstice were down 3 per cent. Solstice said the transaction would strengthen its exposure to AI infrastructure by connecting its electronics, packaging and thermal management capabilities with data center cooling and refrigerant application solutions.Element Solutions supplies specialty c