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Empower Brands renews $37-per-share takeover bid for Helen of Troy after board rejection

Market News
13 Nov 2026, 00:40 WIB
Tokenpost
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Bearish
Empower Brands renews $37-per-share takeover bid for Helen of Troy after board rejection

Empower Brands has renewed its offer for Helen of Troy, proposing $37 per share and expressing willingness to sign a nondisclosure agreement to enter takeover talks. This offer values Helen of Troy at about $1.6 billion in enterprise value. Previously, Helen of Troy's board rejected the nonbinding proposal, stating it undervalued the company and was not in the best interests of shareholders. The renewed bid signals Empower's continued interest in acquiring Helen of Troy despite earlier resistance from the board.

Empower Brands' renewed takeover offer for Helen of Troy comes as a backdrop to a declining cryptocurrency market on Pluang. For readers following digital assets, here is Pluang's market snapshot as of Nov 13, 2026 05:22 WIB: out of 50 major cryptocurrencies, only 9 rose while 40 fell. Bitcoin (BTC) traded at Rp1.298.926.860 with a 1-day change of -3.40% and a Pluang order activity of 27% Sell / 73% Buy. Solana (SOL) and Algorand (ALGO) also declined by 3.30% and 3.23% respectively, with typical hold times of 73 and 131 days.

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