Deal Snapshot
ENERGIZER HOLDINGS, SPECTRUM BRANDS SEEK EUROPEAN COMMISSION NOD FOR MERGER
Monday 11 June 2018

Missouri, US-based batteries and portable lighting products manufacturer Energizer Holdings, Inc. (NYSE: ENR) and Spectrum Brands Holdings, Inc. (NYSE: SPB) plans to file for merger review with the European Commission regarding Energizer's proposed acquisition of Spectrum Brands' Battery and Portable Lighting Business for USD 2bn in cash, the companies said.
Energizer and Spectrum Brands are working with the Commission, as well as other regulators around the world, to obtain the necessary approvals to complete the transaction.


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Details
Date Published: 11/06/2018
Target: Spectrum Brands/global battery and portable lighting business
Country: USA
Deal Size: 2bn (USD)
Sector: Electronics
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor: Spectrum Brands
Buyer: Energizer Holdings
Buyer Advisor: Barclays , King and Spalding
Comment:


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