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Element Solutions Inc Announces Completion of Sale of MacDermid Graphics Solutions

1. Element Solutions sold MacDermid Graphics Solutions for $325 million. 2. The deal minimizes tax liabilities due to existing capital losses.

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FAQ

Why Bullish?

The sale of MGS provides strong cash flow and removes non-core assets, enhancing focus on core competencies. Similar past divestitures often led to increased market confidence and stock price appreciation.

How important is it?

The sale aligns with strategic priorities, potentially increasing ESI’s operational strength and shareholder value. With $325 million cash in hand, growth opportunities could arise, influencing market perception significantly.

Why Short Term?

Immediate financial benefits from cash proceeds and tax offsets will boost investor sentiment quickly. However, long-term implications depend on how effectively the proceeds are reinvested.

Related Companies

XYSN
MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) (“Element Solutions”), a global and diversified specialty chemical technology company, today announced the close of the sale of its flexographic printing plate business, MacDermid Graphics Solutions (“MGS”), to XSYS, a global specialist provider in the flexographic printing industry, for an enterprise value of approximately $325 million. An existing capital loss should offset nearly all taxable gains from this transaction. Net proceeds ar.

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