Henkel-Olaplex deal approved by Australian competition watchdog
( June 20, 2026, 04:52 GMT | Official Statement) -- MLex Summary: Henkel's proposed acquisition of Olaplex has been cleared by Australia's competition watchdog after a review. German-headquartered Henkel, a major global haircare supplier with brands such as Schwarzkopf, is set to acquire US-based Olaplex — a premium hair-products company — from Advent International and other shareholders. The Australian Competition & Consumer Commission on Saturday said the deal is unlikely to substantially lessen competition, noting low combined market shares and the continued presence of multiple competing haircare suppliers across professional and retail channels. Statement follows. Determination attached. ...
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