Market Chatter: H.B. Fuller Set for Higher Ancora Bid of Up to $1.4 Billion for Building Adhesives Unit

08:12 AM EDT, 09/29/2026 (MT Newswires) -- H.B. Fuller (FUL) is set to receive a revised bid of up to $1.4 billion from Ancora Holdings Group for its building adhesives unit, after rejecting the investment firm's earlier bid, Bloomberg reported Tuesday, citing unnamed people familiar with the matter. According to the report, Ancora is offering $1.2 billion to $1.4 billion in cash, raising its previous proposal by $200 million. The investment firm has also received a so-called highly confident letter from Fortress Investment Group regarding its ability to provide debt financing for the transaction, Bloomberg said. H.B. Fuller and Ancora did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)