Solvay to split into two independent publicly traded companies

News
M&A

The move will allow the company’s cash generation-focused and growth-focused business areas to function as two individual entities

Belgian multinational chemical company Solvay announced via press release on 15 March that it was reviewing plans to separate the company into two independent publicly traded companies, EssentialCo and SpecialtyCo, as a means toward sharping strategic focus.

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