Celanese Completes Divestiture of Micromax® Business [Yahoo! Finance]
Element Solutions Inc. (ESI)
Last element solutions inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
it has completed the divestiture of the Micromax® business to Element Solutions Inc (NYSE: ESI). Celanese received approximately $500 million in cash from the transaction, and the proceeds will be deployed to support the Company's deleveraging efforts. "We are pleased to have completed the divestiture of the Micromax business in a value-accretive way that strengthens our balance sheet," said Scott Richardson, President and Chief Executive Officer of Celanese. "This transaction represents our commitment to advancing our strategic priorities of cash generation and deleveraging, while enabling the Micromax team to continue building on its strong foundation as part of Element Solutions." About Celanese Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support
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News
- Element Solutions Inc Announces Date for 2025 Fourth Quarter and Full Year Earnings ReleaseBusiness Wire
- Element Solutions Inc Completes Acquisition of Micromax® [Yahoo! Finance]Yahoo! Finance
- Element Solutions Inc Completes Acquisition of Micromax®Business Wire
- Element Solutions (NYSE:ESI) had its price target raised by analysts at Bank of America Corporation from $31.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
- Element Solutions (NYSE:ESI) had its price target raised by analysts at Truist Financial Corporation from $30.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
ESI
Earnings
- 10/28/25 - Beat
ESI
Sec Filings
- 2/2/26 - Form 8-K
- 12/19/25 - Form 4
- 12/12/25 - Form 4
- ESI's page on the SEC website