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Energizer Holdings Inc (ENR.N)

ENR.N on New York Stock Exchange

54.33USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Energizer Says Expects To Generate Annual Run Rate Cost Synergies Of $80 Mln To $100 Mln
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Energizer Holdings Inc ::ENERGIZER CEO SAYS EXPECTS TO GENERATE ANNUAL RUN RATE COST SYNERGIES OF $80 MILLION TO $100 MILLION - CONF CALL.ENERGIZER CFO SAYS WE EXPECT THIS TRANSACTION TO BE HIGHLY SYNERGISTIC AND DRIVE FULL RUN RATE ACCRETION ABOVE 30 PERCENT - CONF CALL.ENERGIZER CFO SAYS WILL BENEFIT FROM INCREMENTAL ANNUAL LEVERAGE FREE CASH FLOW IN EXCESS OF $100 MILLION A YEAR - CONF CALL.ENERGIZER CFO SAYS COMBINED COMPANY WILL HAVE GREATER INTERNATIONAL EXPOSURE THROUGH AN EXPANDED PRESENCE IN EMEA AND LATIN AMERICA - CONF CALL.ENERGIZER CEO SAYS DEAL WILL POSITION US BETTER IN GROWING CHANNELS LIKE E-COMMERCE - CONF CALL.  Full Article

Spectrum Brands Says If Deal Not Completed Under Certain Circumstances, Energizer To Pay Co Termination Fee Of $100 Mln‍​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Energizer Holdings Inc ::SPECTRUM BRANDS HOLDINGS SAYS IF DEAL NOT COMPLETED UNDER CERTAIN CIRCUMSTANCES, ENERGIZER TO PAY CO TERMINATION FEE OF $100 MILLION - SEC FILING ‍​.  Full Article

Spectrum Brands To Sell Global Battery And Lighting Business To Energizer Holdings For $2.0 Bln In Cash
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Energizer Holdings Inc ::PRESS RELEASE - SPECTRUM BRANDS HOLDINGS ANNOUNCES AGREEMENT TO SELL GLOBAL BATTERY AND LIGHTING BUSINESS TO ENERGIZER HOLDINGS INC FOR $2.0 BILLION IN CASH.SPECTRUM BRANDS - EXPECTS TO USE NET CASH PROCEEDS AFTER TAX AND DEAL COSTS TO REDUCE DEBT, REINVEST IN CORE BUSINESSES.  Full Article

Energizer Holdings Says Ceo Alan Hoskins' FY 2017 Total Compensation Was $6.7 Mln
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Energizer Holdings Inc ::ENERGIZER HOLDINGS INC SAYS CEO ALAN HOSKINS' FY 2017 TOTAL COMPENSATION WAS $6.7 MILLION VERSUS $6.3 MILLION IN FY 2016 - SEC FILING.  Full Article

Energizer Holdings Q4 adjusted earnings per share $0.54
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Energizer Holdings Inc :Energizer Holdings Inc announces fiscal 2017 fourth quarter and full year results and provides financial outlook for the fiscal year 2018.Sees FY 2018 earnings per share $3.00 to $3.10.Q4 adjusted earnings per share $0.54.Q4 earnings per share $0.55.Q4 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Qtrly ‍organic net sales, excluding impact of hurricanes, increased 3%​.Net sales on a reported basis are expected to be up low single digit in FY 2018 ​.Sees ‍2018 capital spending in a range of $30 million to $35 million​.Organic net sales are expected to be up low single digits in FY 2018 ​.Favorable movements in foreign currency are expected to benefit net sales by 1.0% to 1.5% based on current rates in fy 2018 ​.Sees 2018 ‍free cash flow in range of $210 million to $220 million, including lapping significant asset sale benefits in fy 2017​.FY2018 earnings per share view $3.04, revenue view $1.74 billion -- Thomson Reuters I/B/E/S.Dividends are expected to increase 5% beginning in Q1 of fiscal 2018, subject to board approval​.2018 ‍outlook accounts for lapping of significant hurricane activity in 2017 that contributed about $26 million of net sales & $0.08 to adjusted EPS.  Full Article

Energizer says declares dividend for Q4 of FY 2016
Monday, 1 Aug 2016 

Energizer Holdings Inc : 2017 dividend represents a 10% increase over current quarterly dividend of $0.25 . Energizer holdings, inc. Declares dividend for fourth quarter of fiscal 2016 and announces plan for dividend increase for fiscal 2017 .Intention to increase company's regular quarterly dividend to $0.275 per share of common stock beginning in fiscal 2017.  Full Article

Energizer Holdings to acquire Handstands Holding Corp for $340 mln
Tuesday, 24 May 2016 

Energizer Holdings Inc : To acquire Handstands Holding Corporation for $340 million . Intends to ultimately fund acquisition through a combination of approximately $250 million of existing cash and committed debt facilities . To acquire Handstands Holding Corporation ("Handstands") from Trivest Partners for an aggregate cash purchase price of $340 million . Transaction is expected to be leverage neutral to Energizer's projected levels of debt to EBITDA by Q1 of fiscal 2017 . Anticipates cost synergies of approximately $5 million to be achieved by leveraging Energizer's global battery platform, infrastructure and supply chain network . Avings are projected to be achieved over a period of two years following close of acquisition . Excluding items, earnings accretion from deal in first full year following close is estimated to be $0.15 to $0.20 per share . Excluding one-time transaction and integration costs free cash flow is expected to increase by at least $20 million .Anticipates cost synergies of about $5 million to be achieved by leveraging co's global battery platform, infrastructure, supply chain.  Full Article

Energizer Holdings Inc updates FY 2016 earnings guidance
Wednesday, 3 Feb 2016 

Energizer Holdings Inc:Expects to be at upper end of previously provided ranges for both adjusted EPS of $1.90 to $2.10 and adjusted EBITDA of $275 million to $295 million for FY 2016.  Full Article

Energizer Holdings, Inc. Declares Dividend for Second Quarter of Fiscal 2016
Monday, 1 Feb 2016 

Energizer Holdings, Inc:Declared a dividend for the second quarter of its fiscal 2016 of $0.25 per share of Common Stock.payable on March 16, 2016 to all shareholders of record as of the close of business on February 19, 2016.  Full Article

Deals of the day-Mergers and acquisitions

Jan 16 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: