Edgewell Personal Care terminated its $1.4bn merger agreement with Harry's.

Edgewell Personal Care, a consumer products company, is set to acquire Harry's, a manufacturer of shaving equipment and men's personal care products, for $1.4bn. The combination of Edgewell and Harry's brings together complementary capabilities to create a next-generation consumer products platform with an expansive runway for accelerated topline growth and enhanced value creation. "Building on Edgewell's and Harry's complementary strengths, our combined company will have leading brands and omni-channel capabilities that are essential to meet the needs of the modern consumer and win in today's market environment. We welcome Harry's entrepreneurial employees and look forward to working closely with Andy and Jeff, whose ingenuity and demonstrated success will enable us to take our US business to the next level. We are excited about our future and the opportunities we have to deliver superior long-term shareholder returns as a next-generation CPG platform." Rod Little, Edgewell's President and Chief Executive Officer. Following the US Federal Trade Commission's filing of a lawsuit seeking to block the proposed transaction, Edgewell terminated its merger agreement with Harry's in Feb 2020.