Browsing Tag
David Maura
2 posts
Helen of Troy rejects $1.6bn takeover proposal from Empower Brands as shares surge 25%
Helen of Troy has rejected an unsolicited $37-per-share cash acquisition proposal from Empower Brands, a business jointly owned by Spectrum Brands and Oaktree Capital Management. With shares rising approximately 25% following the public disclosure, the dispute is shifting towards whether the company's recovery plan can deliver greater value than an immediate cash exit.
Spectrum Brands to acquire Tristar Products’ home appliances and cookware business
Spectrum Brands, an American branded consumer products and home essentials company, has agreed to acquire the home appliances…