H.B. Fuller has agreed a 285p-a-share cash offer for AMS, valuing its equity near $628m, as activist Ancora urges the board to walk away.

H.B. Fuller Announces Offer to Acquire Advanced Medical Solutions

H.B. Fuller has agreed a 285p-a-share cash offer for AMS, valuing its equity near $628m, as activist Ancora urges the board to walk away.

HB Fuller made a swoop for AIM-listed Advanced Medcial Solutions, in a deal that values it at around £659m.

H.B. Fuller shares fell premarket as investors weighed its AMS acquisition, Q2 earnings beat, raised guidance and cash position.