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Helen of Troy to Acquire Six Consumer Brands From P&G

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By: TOM BRANNA

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Helen of Troy Ltd. has signed a definitive agreement to acquire six well-known personal-care brand names from Procter & Gamble Co. for an undisclosed cash sum. Brands acquired directly include Condition 3-in-1, Final Net, Vitalis and Ammens. Sea Breeze and Vitapointe will be acquired through license agreements, subject to third-party approval.Helen of Troy, which makes personal care products, on Thursday said the deal will immediately boost sales and add to earnings per share in the next fi...

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