Henkel Closes $1.4B Olaplex Deal, Delisting the Hair Brand
Henkel closed its $1.4 billion Olaplex takeover at $2.06 a share, delisting the brand and becoming global No. 2 in professional hair care.
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L’Oréal Wins a 50-Year Gucci Beauty License, Ending Coty’s Era
L’Oréal won a 50-year exclusive worldwide license for Gucci beauty from Kering, effective July 2027 — a year early — with Coty paid ~$400M to exit.
Bird Flu Hits a 1.2 Million-Hen Utah Egg Farm
USDA confirmed H5N1 in a 1.2 million-hen Utah egg operation — the state’s first 2026 commercial detection — breaking a month-long lull and raising egg-supply concerns.
Frozen Blueberries Linked to E. coli Outbreak; Publix Product Recalled
FDA and CDC linked an E. coli O145 outbreak to frozen GreenWise organic blueberries at Publix — 12 infected, 4 hospitalized — prompting a recall.
Kroger to Buy Giant Eagle for $1.65 Billion
Kroger agreed to buy regional grocer Giant Eagle for $1.65 billion, adding 197 supermarkets and about $9 billion in annual sales.
FDA Approves First Dual BAFF/APRIL Drug for IgA Nephropathy
The FDA granted accelerated approval to TRUTAKNA (atacicept), the first dual BAFF/APRIL inhibitor for IgA nephropathy, after cutting proteinuria 46% at 36 weeks.
Proxima Fusion Raises €411M — Europe’s Largest Fusion Round
Proxima Fusion raised €411 million — Europe’s largest fusion round — at a €2.4B valuation, with Google and RWE as new strategic investors.
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