Empower Brands Bids to Take Helen of Troy Private
The parent of Hydro Flask and Osprey Packs has received a $37.00 per share cash buyout offer from Empower Brands Holdings Group, which is jointly owned by Spectrum Brands and Oaktree Capital Management. The companies have been in discussions for months, with HELE’s board reportedly rebuffing Empower over price, leading the suitor to take the offer directly to shareholders. The proposal represents a 31% premium over ... Log in to view full article.
