Henkel Completes Olaplex Takeover: $1.4B, $2.06/Share, Nasdaq Delisting
Henkel closes Olaplex acquisition: $1.4B, $2.06/share cash, Olaplex FY2025 sales ~€370M, OLPX delisted from Nasdaq; Henkel now global No. 2 in salon hair.
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L’Oréal × Kering: 50-Year Gucci Beauty License; Coty Paid ~$400M
L’Oréal–Kering: 50-year exclusive Gucci fragrance/beauty license, effective July 1, 2027 (one year early); Coty receives ~$400M ($250m 2026, up to $150m 2027).
H5N1 Confirmed in 1.2M-Hen Utah Layer Flock; Utah’s First 2026 Commercial Case
H5N1 confirmed in a 1.2M-hen Cache County, Utah layer flock (July 6); flock to be depopulated; prior US commercial case was an Indiana duck flock June 3.
E. coli O145 Outbreak: 12 Sick, 4 Hospitalized; GreenWise Frozen Blueberries Recalled
E. coli O145:H28 outbreak: 12 cases (11 FL, 1 GA), 4 hospitalized, 0 deaths; GreenWise organic IQF blueberries 10-oz, lot 60401, recalled.
Kroger–Giant Eagle: $1.65B ($1.25B Cash + ~$400M Liabilities), 197 Stores
Kroger to acquire Giant Eagle: $1.65B total ($1.25B cash + ~$400M assumed liabilities); ~$9B sales; 197 supermarkets + 11 pharmacies.
FDA Grants Accelerated Approval to TRUTAKNA (Atacicept) for IgAN
FDA accelerated approval: TRUTAKNA (atacicept), first dual BAFF/APRIL inhibitor for IgAN; −46% proteinuria at 36 weeks; −42% vs placebo (p<0.0001); 150mg weekly.
Proxima Fusion: €411M at €2.4B Valuation; Google, RWE Join
Proxima Fusion: €411M ($468M) round, €2.4B post-money, €650M total in under 3 years, ~200 staff, QI-HTS stellarator, demonstrator early 2030s.