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H.B. Fuller rejects Ancora's $1.2 billion bid for adhesive unit

H.B. Fuller rejects Ancora's $1.2 billion bid for adhesive unit

- H.B. Fuller FUL.N said on Monday it had rejected activist investor Ancora Holdings' unsolicited, non-binding proposal to acquire its Building Adhesives Solutions business.

Ancora earlier this month had proposed to buy Fuller's unit for as much as $1.2 billion in cash.


(Reporting by Anshuman Tripathy in Bengaluru; Editing by Diti Pujara)

((Anshuman.Tripathy@thomsonreuters.com;))

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