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Ancora Holdings Group increased its proposal to acquire H.B. Fuller's Building Adhesive Solutions (BAS) segment, offering between $1.2 billion and $1.4 billion in cash. The revised proposal raises the top end of Ancora's previous offer by $200 million.
US investment fund Ancora Holdings Group has submitted a proposal to acquire HB Fuller's construction adhesives business, valued at up to EUR 1.1 billion (USD 1.2 billion). HB Fuller has not yet decided.