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H.B. Fuller Nears £628 Million Deal for UK Medtech AMS

H.B. Fuller Nears £628 Million Deal for UK Medtech AMS
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Consumer H.B. Fuller Nears £628 Million Deal for UK Medtech AMS H.B. Fuller Co. is close to an agreement to acquire Advanced Medical Solutions Group Plc in a deal valuing the equity of the British maker of tissue-healing medical products at £628 million ($827 million). The US adhesives manufacturer, which is seeking to push into healthcare, is poised to announce as soon as Thursday an offer of £2.85 a share for AMS, according to people familiar with the matter, who asked not to be identified...

Consumer H.B. Fuller Nears £628 Million Deal for UK Medtech AMS H.B. Fuller Co. is close to an agreement to acquire Advanced Medical Solutions Group Plc in a deal valuing the equity of the British maker of tissue-healing medical products at £628 million ($827 million). The US adhesives manufacturer, which is seeking to push into healthcare, is poised to announce as soon as Thursday an offer of £2.85 a share for AMS, according to people familiar with the matter, who asked not to be identified because the information is private. That represents a 35% premium to the stock’s close in May before news broke that the two were discussing a deal.
H.B. Fuller (PERSON) UK Medtech AMS Consumer H.B. Fuller (ORG) UK Medtech AMS H.B. Fuller Co. (ORG) Advanced Medical Solutions Group Plc (ORG) British (ORG) US (LOCATION) AMS (ORG)
Originally published by Bloomberg Technology Read original →