In the News – H.B. Fuller agrees to take out Royal Adhesives & Sealants
H.B. Fuller (NYSE:FUL), a Minnesota-based adhesives maker, signed a deal to pay $1.58 billion for Royal Adhesives & Sealants.
Fuller expects the combined entity to produce some $2.9 billion in revenue, with cost synergies expected at $35 million and growth synergies at $15 billion over the coming three years.
H.B. Fuller was rising 1% premarket.
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