Helen of Troy Limited filed a current report on November 4, 2026, disclosing its response to an unsolicited acquisition proposal from Empower Brands Holdings Group, LLC, offering $37.00 per share in cash.

Key Highlights

  • Unsolicited proposal received: Empower Brands Holdings Group, LLC, owned by Spectrum Brands Holdings, Inc. and Oaktree Capital Management, proposed to acquire Helen of Troy for $37.00 per share in cash.
  • Company response issued: Helen of Troy issued a press release on November 4, 2026, in response to the unsolicited proposal, according to the filing.
  • Employee communication distributed: The company distributed a separate communication to its employees regarding the proposal.
  • Investor presentation released: The company released a corporate investor presentation intended for use in communications with investors or for general corporate purposes.
  • Disclosure classification: The filing states the information in Item 7.01, including all three exhibits, is "furnished" and "shall not be deemed to be 'filed'" for purposes of Section 18 of the Securities Exchange Act of 1934.
  • Exchange listing: Helen of Troy Common Shares, $0.10 par value per share, trade under the symbol HELE on NASDAQ:HELE.

Helen of Troy Responds Publicly to Empower Brands Acquisition Proposal

On November 4, 2026, Helen of Troy Limited filed a current report under Item 7.01 (Regulation FD Disclosure) disclosing that it had received an unsolicited proposal from Empower Brands Holdings Group, LLC to acquire the company for $37.00 per share in cash. According to the filing, Empower Brands Holdings Group, LLC is owned by Spectrum Brands Holdings, Inc. and Oaktree Capital Management. The filing does not describe any agreement, negotiation, or acceptance of the proposal.

The company disclosed that it issued a press release in response to the proposal and also distributed a communication to its employees on the same date. Both the press release and the employee communication were furnished as exhibits to the filing. The company further disclosed that it released a corporate investor presentation, which it stated it "intends to use from time to time in communications with investors or for general corporate purposes." All three exhibits - 99.1, 99.2, and 99.3 - were incorporated by reference solely for purposes of the Item 7.01 disclosure.

The filing notes that forward-looking statements contained within the report and its exhibits are subject to the cautionary language of the company's own making, and are "subject to risks, many of which are beyond the Company's control." The filing directs readers to the company's Form 10-K for the year ended February 28, 2026, and other regulatory filings for a description of applicable risk factors. No financial results, projections, or terms beyond the $37.00 per share cash price were disclosed in the body of this filing.

What Was Disclosed

Helen of Troy disclosed an unsolicited $37.00-per-share cash acquisition proposal from Empower Brands Holdings Group, LLC, owned by Spectrum Brands Holdings, Inc. and Oaktree Capital Management, and filed a press release, employee communication, and investor presentation as exhibits on November 4, 2026.