
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