Edgewell Personal Care Co (NYSE:EPC) saw its shares surge approximately 10% in after‑hours trading on Monday after Bloomberg reported that the company’s board rejected an unsolicited takeover proposal from Boston‑based private‑equity firm Yellow Wood Partners. The proposal valued Edgewell at $30 per share, a price the board considered insufficient, prompting the rejection. Following the news, Edgewell’s stock traded at $25 in after‑hours, up from its prior closing price of $22.72, implying an equity market capitalization of roughly $1.05 billion; when debt is included, the enterprise value is estimated at about $2 billion. Edgewell, which was created in 2015 after spinning out from Energizer Holdings Inc (NYSE:ENR), markets consumer brands such as Schick and Wilkinson Sword razors, Hawaiian Tropic sunscreen, and Wet Ones wipes. Yellow Wood Partners, the suitor, maintains a portfolio that includes consumer‑care names like Chapstick lip balm, Dr. Scholl’s foot care products, and Noxzema skin‑care items. The rejection suggests the board believes Edgewell’s intrinsic worth exceeds the $30 per share offer, especially given the company’s share price performance, which has risen roughly 33% year‑to‑date. This article was generated with AI assistance and reviewed by an editor.