# Empower Brands Renews Push for Helen of Troy Takeover Talks

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/55987
Published: 2026-11-12T22:40:34.000Z
Updated: 2026-11-12T22:40:34.000Z
Section: Business

> Empower is willing to sign a customary nondisclosure agreement. Its nonbinding proposal is $37 per share and implies about $1.6 billion in enterprise value.

Empower Brands renewed its push Thursday, Nov. 12, for Helen of Troy to enter takeover talks, saying it is willing to sign a customary nondisclosure agreement in connection with its $37-per-share proposal.

Empower is co-owned by Spectrum Brands and Oaktree Capital Management. The [earlier nonbinding offer](<https://www.tokenpost.com/news/business/49082>) valued Helen of Troy at about $1.6 billion in enterprise value.

Helen of Troy's board rejected the proposal, saying it substantially undervalued the company and was not in shareholders' best interests.



## Links in this article

- [earlier nonbinding offer](https://www.tokenpost.com/news/business/49082)
