What was the value and target of Ancora Group Holdings' rejected offer to H.B. Fuller?

Ancora Group Holdings made a $1.1 billion to $1.2 billion offer for H.B. Fuller's building adhesive solutions unit, which Fuller rejected on the grounds that the bid 'materially undervalues the business and ignores its growth prospects.'

How did Ancora Group Holdings respond to H.B. Fuller's rejection of its offer?

Ancora Group Holdings quickly reaffirmed its intent to acquire the building adhesive solutions unit and criticized H.B. Fuller's board for rejecting the offer, signaling a continued dispute between the two parties.

H.B. Fuller rejects billion-dollar activist offer for key business

Aug 25, 2026

H.B. Fuller rejected a $1.1–1.2 billion offer from activist investor Ancora Group Holdings for its building adhesive solutions unit, citing undervaluation. Ancora reaffirmed its intent to acquire despite the board's refusal.

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