Energizer $2 billion acquisition of Spectrum Brands' battery and lighting business

Overview:

• Energizer has acquired Spectrum Brands' battery and lighting business for $2 billion.
• Proceeds will be used for reducing debt and reinvesting in targets.
• RBC Capital Markets provided financial advice to Spectrum Brands, while Barclays acted for Energizer.
• The acquisition is expected to close by the end of 2018. 

Katrin Kostadinova - Data analyst