Harry’s razors: $1.4bn takeover falls through
Image copyright Harry’s
The planned $1.4bn (£1.1bn) takeover of millennial razor brand Harry’s has been pulled amid competition concerns.
Edgewell Personal Care, which owns brands such as Wilkinson Sword, had planned to buy its hipper rival amid a boom in the male grooming market.
But it said the threat of legal action by the US Federal Trade Commision (FTC) had caused too much “uncertainty”.