Should Henkel Buy Olaplex?

The financial community is weighing the pros and cons of a possible acquisition of hair care brand Olaplex by Henkel AG. It is in response to a Bloomberg report published Wednesday that Germany’s Henkel has proposed a takeover offer for Olaplex Holdings Inc., based in New York. More from WWD Due to market-share losses and weak organic growth, Olaplex’s stock has declined more than 90 percent since the group went public in September 2021 on the Nasdaq. But the stock soared yesterday on Bloomberg’s specul ...