H. B. Fuller Confirms Receipt Of An Unsolicited Proposal Today From Ancora Holdings Group To Acquire Its Building Adhesives Solutions Business For Between $1.1B And $1.2B In Cash; Board Will Carefully Evaluate The Proposal In Consultation With Its Financial And Legal Advisors
largest pureplay adhesives company, confirmed receipt of an unsolicited proposal today from Ancora Holdings Group to acquire its Building Adhesives Solutions ("BAS") business for between $1.1 billion and $1.2
Another company wants to buy H.B. Fuller's building adhesives business for about $1.1–1.2 billion, and the H.B. Fuller board is looking at whether this is a good deal. This kind of offer shows that other businesses think this part of H.B. Fuller is valuable, but we don't know yet if the company will sell it.
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