Energizer to buy Spectrum Brands unit for $2 bln

Jan 16 (Reuters) - Battery maker Energizer Holdings Inc said on Tuesday it would buy the global battery and portable lighting business of Spectrum Brands in a $2 billion all-cash deal.

The acquisition is expected to close before the end of this year, the company said. (Reporting by Munsif Vengattil in Bengaluru; Editing by Saumyadeb Chakrabarty)