Olaplex To Be Acquired By Henkel For $1.4 Billion, Stock Up

Henkel AG & Co. KGaA agreed to acquire Olaplex Holdings for approximately $1.4 billion in a cash transaction. Olaplex stockholders will receive $2.06 per share under the definitive agreement, providing immediate cash consideration to shareholders and representing a material M&A event for the prestige hair-care sector.

Analysis

Henkel AG & Co. KGaA agreed to acquire Olaplex Holdings for approximately $1.4 billion in a cash transaction. Olaplex stockholders will receive $2.06 per share under the definitive agreement, providing immediate cash consideration to shareholders and representing a material M&A event for the prestige hair-care sector.