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Activist Starboard Value Builds Stake in Solstice, FT Reports

Bloomberg Technology Tuesday 20 October 2026, 02:35 UTC By Will Davies 1 min read
Key Points

Activist Starboard Value Builds Stake in Solstice, Says Report Activist hedge fund Starboard Value has built a stake in Solstice Advanced Materials Inc., the Financial Times reported, after the Honeywell International Inc. spinoff scrapped a planned $14.5 billion merger with a rival. Starboard is pushing for improvements in the company’s share price and wants Solstice to focus on its core refrigerants and nuclear business, according to the report, which cited unidentified people. The...

Activist Starboard Value Builds Stake in Solstice, Says Report Activist hedge fund Starboard Value has built a stake in Solstice Advanced Materials Inc., the Financial Times reported, after the Honeywell International Inc. spinoff scrapped a planned $14.5 billion merger with a rival. Starboard is pushing for improvements in the company’s share price and wants Solstice to focus on its core refrigerants and nuclear business, according to the report, which cited unidentified people. The investment firm is among Solstice’s top-10 shareholders with several hundred million dollars’ worth of stock, according to the report.
Starboard Value (ORG) Advanced Materials Inc. (ORG) the Financial Times (ORG) the Honeywell International Inc. (ORG)
Originally published by Bloomberg Technology Read original →

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