Energizer Holdings Inc. moved to bolster its position in the shaving market, announcing plans Monday to buy the Edge and Skintimate shaving cream and gel business for $275 million in cash.

RACINE - SC Johnson has sold its Edge and Skintimate shave preparation business to Energizer Holdings Inc. for a total of $275 million.

Missouri-based Energizer Holdings will buy the SC Johnson's Edge and Skintimate shaving brands for $275 million and is launching an offering of 9.5 million shares of common stock in order to fund ...