Browsing Tag
Building Adhesive Solutions
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Ancora’s $1.2bn bid equals 36% of H.B. Fuller Company’s market value for a unit producing 21% of H1 EBITDA
Building Adhesive Solutions produced about 25% of H.B. Fuller Company’s first-half revenue but only 21% of segment EBITDA. Ancora’s offer reaches roughly 36% of the parent company’s current market value.
H.B. Fuller (NYSE: FUL) receives $1.2bn Ancora bid for Building Adhesives unit
Ancora's $1.2 billion cash bid for H.B. Fuller's Building Adhesives unit forces a governance test after the board's AMS acquisition pushed leverage to 4x.