H.B. Fuller board rejects Ancora's $1.1B-$1.2B BAS unit bid

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H.B. Fuller Board Unanimously Rejects Unsolicited Proposal from Ancora

August 24, 2026 8:30 AM EDT

Board Determined Proposal Significantly Undervalues the BAS Business, Ignores Its Future Growth Prospects, and Lacks Critical Details to Make It Actionable

ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (H.B. Fuller or the Company) (NYSE: FUL), the worlds largest pureplay adhesives company, today announced that, following a thorough review supported by independent financial and legal advisors, its Board of Directors has unanimously rejected Ancoras unsolicited, non-binding proposal to acquire its Building Adhesives Solutions (BAS) business.

The full text of H.B. Fullers Board's response... More