Olaplex Said to Attract Takeover Offer From Germany’s Henkel

Henkel AG has submitted a takeover offer for Olaplex Holdings Inc, according to people with knowledge of the matter, after the shampoo maker lost over 90% of its value since...

By Dinesh Nair, Ryan Gould, Michelle F Davis, Crystal Tse · Bloomberg Markets

Henkel AG has submitted a takeover offer for Olaplex Holdings Inc, according to people with knowledge of the matter, after the shampoo maker lost over 90% of its value since its initial public offering. The stock rose more than 36%.