H.B. Fuller Board Unanimously Rejects Second Unsolicited, Non-Binding Proposal for Building Adhesive Solutions Segment

H.B. Fuller's board unanimously rejected Ancora's second unsolicited, non-binding proposal to acquire the Building Adhesive Solutions segment for $1.2-$1.4 billion in cash. The board called the price increase modest and the terms highly conditional, but the company will run a market check on select less-integral market segments by year-end 2026, with proceeds earmarked for deleveraging.

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