Olaplex jumps after report Germany's Henkel eyes takeover

Olaplex Holdings

07/01/2026 19:53

** Shares of shampoo and other hair products maker Olaplex Holdings OLPX.O up 16.2% at $1.6

** Germany's Henkel has submitted a takeover offer for OLPX, Bloomberg News reports, citing people with knowledge of the matter, after it lost over 90% of its value since its IPO

** OLPX and Henkel are in talks about a potential deal that could come together within weeks - report

** Olaplex did not immediately respond to a Reuters request for comment

** As of last close, OLPX shares down 18.7% over the past year

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))