Henkel's Potential Acquisition of Olaplex: A Closer Look at the Pros and Cons.

Henkel AG has reportedly proposed a takeover offer for hair care brand Olaplex Holdings Inc. The deal could happen within weeks, but it is not certain to come to fruition. Olaplex's stock soared 22.2% after Bloomberg's speculation, while Henkel's stock rose 1.5%. The acquisition would extend Henkel's presence in hair care and dilute its exposure to home care. However, Bernstein is less bullish on the deal due to Olaplex's specific challenges and Henkel's execution issues.