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Stock impact report

Essity acquires Edgewell's feminine care business in North America including the brands Carefree, Stayfree and Playtex [Yahoo! Finance]

Edgewell Personal Care Company (EPC) 
Last edgewell personal care company earnings: 2/10 06:19 am Check Earnings Report
US:NYSE Investor Relations: ir.edgewell.com
Company Research Source: Yahoo! Finance
entered into an agreement to acquire Edgewell Personal Care's feminine care business, including the brands Carefree, Stayfree and o.b. in North America and Playtex globally. The purchase price for the assets amounts to USD 340m (approximately SEK 3.2bn) on a cash and debt-free basis. The acquisition supports Essity's strategy to focus on high margin categories and to grow market positions in the US, the world's largest hygiene market. Essity will acquire Edgewell's feminine care business, which offers liners, pads, and tampons, through an asset deal. The acquisition includes the well-known brands Carefree, Stayfree, and o.b. in the USA, Canada, and the Caribbean, global feminine care rights for the Playtex brand, as well as a production facility in Dover, Delaware. "I'm looking forward to further grow these well-known brands, using our established recipe for success within Feminine Care. With this acquisition we are building a stronger personal care business in North America, in l Show less Read more
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