Shares of Edgewell Personal Care Co., which makes Schick razors, rose nearly 18% in New York on Tuesday after the company rejected an unsolicited takeover offer from private equity firm Yellow Wood Partners.
Shares of Edgewell Personal Care Co., which makes Schick razors, rose nearly 18% in New York on Tuesday after the company rejected an unsolicited takeover offer from private equity firm Yellow Wood Partners.
A Schick Hydro Silk Pubic Skin razor arranged in the Brooklyn borough of New York, US, on Wednesday, June 19, 2024. The spate of new uses for old products is a somewhat awkward attempt by some of the world’s biggest packaged goods-makers, including P&G, Unilever Plc and Edgewell Personal Care Co. to claw back sales in the US’s more than $100 billion personal care and beauty market.