Germany's Henkel nears deal for hair care brand Olaplex, Bloomberg News reports
26/03/2026 01:44
Corrects March 25 story to remove incorrect reference to Olaplex's post-market share move on Wednesday. This story has been updated with confirmation on the deal March 25 (Reuters) - German consumer goods maker Henkel HNKG.DE is in advanced talks to buy Olaplex OLPX.O in a deal that would value the U.S. hair care products maker at about $2 per share, Bloomberg News reported on Wednesday, citing sources. Henkel could announce a deal for Olaplex in the coming days, the report said. Henkel and Olaplex did not immediately respond to Reuters' requests for comment outside regular business hours. (Reporting by Preetika Parashuraman in Bengaluru; Editing by Subhranshu Sahu) ((Preetika.Parashuraman@thomsonreuters.com;))