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via finance.yahoo.comBusiness & Companies

Helen of Troy rejects unsolicited Empower Brands proposal of $37.00 per share in cash

FROM THE WIRE · FINANCE.YAHOO.COM

EL PASO, Texas, November 12, 2026--(BUSINESS WIRE)--Helen of Troy Limited (NASDAQ: HELE) ("Helen of Troy" or the "Company") issued the following statement in response to Empower Brands Holdings Group, LLC ("Empower Brands"), which is owned by Spectrum Brands Holdings, Inc.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe rejected takeover proposal from an Empower Brands affiliate may shape expectations for the stock's valuation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Helen of Troy board unanimously determined the non-binding proposal significantly undervalues the company.
  2. 02Empower Brands' proposal remains unchanged at $37.00 per share in cash.
  3. 03Empower Brands is owned by Spectrum Brands Holdings and Oaktree Capital Management.
  4. 04The company cites a new CEO, a refreshed board and a raised outlook for the fiscal year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Helen of Troy LimitedHELEStock37.19 USDMarket closedtoday -2.09%Positive Spectrum Brands Holdings, Inc.SPBStock88.35 USDMarket closedtoday +0.07%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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