•Solstice CEO David Sewell defended the $14.5 billion acquisition of Element Solutions, calling it a strategic move for the semiconductor and AI infrastructure sectors.
•Solstice shares fell 15% following the deal announcement, which the CEO attributed to merger arbitrage trading rather than strategic concerns.
•MeiraGTx announced an investment agreement with Oberland Capital for up to $400 million to support the development and commercialization of its genetic medicines.
•Nigel Farage, leader of the Reform party, announced his resignation from the UK Parliament following probes into gifts received from crypto-linked figures.
•Farage intends to stand in the upcoming by-election despite his current resignation.