Henkel agreed to acquire Olaplex for $2.06 per share in cash. Olaplex closed at $2.01, up 51.13% on the session, with trading volume reaching 104.6 (per article). The cash buyout announcement produced a >50% one-day repricing of the stock; impact is primarily company-specific rather than sector-wide.
Henkel agreed to acquire Olaplex for $2.06 per share in cash. Olaplex closed at $2.01, up 51.13% on the session, with trading volume reaching 104.6 (per article). The cash buyout announcement produced a >50% one-day repricing of the stock; impact is primarily company-specific rather than sector-wide.
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