Energizer Holdings Inc. (ENR) announced Tuesday morning that it has agreed to acquire HandStands Holding Corp. from Trivest Partners for $340 million.
Energizer Holdings spiked to the upside at the open Tuesday and extended its gains late in the morning. Shares finished higher by 2.63 at $47.22 on above average volume. The stock broke out of a month and a half long trading range and set a new high for the year.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.