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Energizer, Spectrum Brands to file merger review with European Commission

Energizer Holdings Inc. and Spectrum Brands Holdings Inc. said June 7 that they plan to file for merger review with the European Commission regarding Energizer's proposed acquisition of Spectrum's battery and portable lighting business.

The deal was approved by the U.S. Federal Trade Commission in April, a decision that reportedly surprised investors.

The companies still expect the transaction to close within the second half of the year.