secwatch.observer — SEC 8-K summary
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Issuer:     EDGEWELL PERSONAL CARE Co (EPC)
CIK:        0001096752
Form:       8-K
Filed at:   2021-11-29T23:59:59+00:00
Accession:  0001096752-21-000035
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edgewell acquires Billie Inc. for $310M all-cash; adds DTC women's shave brand
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- Purchase price of $310 million, subject to customary adjustments; transaction closed after HSR clearance.
- Billie is a fast-growing DTC brand offering razors, shave cream, body lotion, and other personal care products.
- Billie co-founders Georgina Gooley and Jason Bravman will continue to lead the brand.
- Acquisition expected to be slightly positive to Edgewell's adjusted cash EPS in fiscal 2022.
- Edgewell financed deal with cash on hand and revolver capacity; Billie to expand into brick-and-mortar retail in early 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096752/000109675221000035/0001096752-21-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096752/000109675221000035/epc-20211129.htm
  HTML page:      https://secwatch.observer/filing/0001096752-21-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer