Empower Brands Makes Unsolicited $1.6 Billion Bid for Helen of Troy
Empower Brands proposed an all-cash acquisition of Helen of Troy with an enterprise value of about $1.6 billion.
By Kelly CloonanEmpower Brands proposed to acquire consumer-products company Helen of Troy in an all-cash deal with an enterprise value of about $1.6 billion.Empower Brands--which is jointly owned by Spectrum Brands Holdings and funds managed by Oaktree Capital Management--said its latest bid, subm…