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Element Solutions Inc Announces Agreement to Acquire Micromax® from Celanese for ~$500 Million
Businesswire· 2025-10-28 20:18
Core Viewpoint - Element Solutions Inc has announced a definitive agreement to acquire Micromax from Celanese Corporation for approximately $500 million in cash, with the transaction expected to close in the first quarter of 2026, pending regulatory approvals and customary closing conditions [1] Group 1: Acquisition Details - The acquisition price for Micromax is approximately $500 million in cash, subject to adjustments [1] - The transaction is anticipated to close in the first quarter of 2026, contingent on certain regulatory approvals and customary closing conditions [1]