Energizer to restructure business

ST. LOUIS — Energizer will sell or wind down its industrial blade line as a result of a board decision to focus on other business. The company told the U.S. Securities and Exchange Commission that it stands to lose between $35 and $45 million in exit costs if it does not sell part or all of those holdings. In transactions expected to be finished by the end of 2016, Energizer will spin off its personal care business into a new division under the name of Edgewell personal care.