EU: Energizer wins conditional okay for Spectrum buy

US battery maker Energizer gained EU antitrust approval on Tuesday, December 11, for its US$2 billion bid for Spectrum Brands’ battery and portable lighting business after agreeing to sell a Spectrum unit in Europe.

The European Commission stated the sale of Spectrum’s Europe-based Varta consumer battery business addressed its concerns. Energizer’s brands include Energizer and Eveready batteries.

The deal has already secured unconditional approval in the United States and Australia.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 216.73.216.12

Please verify email or join us
to access premium content!