Deals
Florida Chemical Maker Element Solutions Explores Sale
- Company is working with BofA, Goldman to gauge interest
- Element Solutions has a market valuation of about $6 billion
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Specialty chemicals manufacturer Element Solutions Inc. is exploring options including a sale, according to people familiar with the matter.
The company has hired Bank of America Corp. and Goldman Sachs Group Inc. as it gauges interest from potential suitors, said the people, who asked not to be identified discussing confidential information. The chemicals maker is most likely to draw interest from its peers, as well as from some financial investors, they said.