Bond.az reports: H.B. Fuller Company has submitted an all-cash proposal to acquire Advanced Medical Solutions Group at 285 pence per share, according to a source. The companies confirmed ongoing discussions.
The British medical device firm received the unsolicited proposal on April 30, 2026. H.B. Fuller faces a deadline of June 18, 2026, to announce a firm offer.
H.B. Fuller is working with Goldman Sachs and Perella Weinberg. Ashurst LLP is legal counsel. Advanced Medical Solutions is advised by Evercore and Investec.
Stifel analyst Christian Glennie noted this is the fifth takeover interest in 20 months. Peters Surgical acquisition boosted revenue by 29% to £228.9 million and EBITDA by 24% to £49.9 million.
TA Associates ended its pursuit on May 15, 2026. Montagu Private Equity also showed interest but no formal offer.
