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H.B. Fuller Rejects Ancora’s $1.2B–$1.4B Cash Proposal

H.B. Fuller rejected Ancora’s second unsolicited, non-binding proposal for its Building Adhesive Solutions unit and plans a market check of select segments and product lines. Any proceeds are intended for deleveraging.

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H.B. Fuller rejected Ancora’s second unsolicited, non-binding $1.2B—$1.4B cash proposal for its Building Adhesive Solutions unit. The company will conduct a market check on select, less-integral segments and product lines, with any proceeds intended for deleveraging. 1