Helen of Troy Confirms Rejection of Unsolicited, Non-Binding Proposal from Spectrum Brands and Oaktree Capital Management
Business Wire•04/11/2026•12:58 ET
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Key Highlights
- ➤Helen of Troy (HELE) rejects Empower Brands’ $37-per-share cash acquisition proposal
- ➤Board says proposal substantially undervalues Helen of Troy and its growth prospects
- ➤Helen of Troy reports strong Q2 FY27 results and raised guidance
- ➤Helen of Troy reinvests $66.5-$70.5 million of tariff refunds into its business
- ➤Helen of Troy cut debt approximately $244 million over 18 months to $673 million
Helen of Troy Confirms Rejection of Unsolicited, Non-Binding Proposal from Spectrum Brands and Oaktree Capital Management
Reiterates Confidence that Execution of Strategic Plan Will Continue to Deliver Enhanced Value
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