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Helen of Troy shares jump 24% after $37 per share buyout offer from Empower Brands.

Market News
05 Nov 2026, 08:09 WIB
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Bullish
Helen of Troy shares jump 24% after $37 per share buyout offer from Empower Brands.

Helen of Troy's shares surged 24% following a nonbinding $37 per share buyout offer from Empower Brands, a Spectrum Brands business co-owned by Oaktree Capital. The offer values Helen of Troy at $1.6 billion, representing a 28% premium over its recent closing price. However, Helen of Troy's board unanimously rejected the proposal, stating it undervalues the company and is not in shareholders' best interests. Spectrum Brands argues the deal would maximize shareholder value and provide certainty, citing Helen of Troy's limited scale and financial capacity to compete independently.

Helen of Troy shares and takeover offer context are provided here with Pluang's market data as of Nov 05, 2026 13:01 WIB. Among 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include THETA at Rp2.879 with a 5.30% increase and a Pluang order activity of 37% Sell / 63% Buy, GRT at Rp373 with a 4.56% rise and 71% Sell / 29% Buy activity, and LINK at Rp208.734 up 4.12% with 26% Sell / 74% Buy activity. The most notable figure is THETA's typical hold time on Pluang of 78 Days.

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