BRIEF-H.B. Fuller Announces Divestiture Of Flooring Business

Reuters12-03

Dec 2 (Reuters) - H.B. Fuller Company :

* H.B. FULLER ANNOUNCES DIVESTITURE OF FLOORING BUSINESS

* H.B. FULLER COMPANY - SALE OF FLOORING BUSINESS EXPECTED TO YIELD $80 MILLION

* H.B. FULLER : DIVESTITURE WILL RESULT IN A REDUCTION IN ANNUAL REVENUE OF ABOUT $160 MILLION AND ADJUSTED EBITDA OF APPROXIMATELY $15 MILLION GOING FORWARD

* H.B. FULLER COMPANY: SOLD ITS FLOORING BUSINESS TO PACIFIC AVENUE CAPITAL PARTNERS

* H.B. FULLER COMPANY - H.B. FULLER TO FORM NEW GLOBAL BUSINESS UNIT: BUILDING ADHESIVE SOLUTIONS

((Reuters.Briefs@thomsonreuters.com;))

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