Chanel family investment firm, Mousse Partners cashes in on Olaplex IPO

Chanel family investment firm, Mousse Partners cashes in on Olaplex IPO

GlobalCosmeticsNews·2021-10-05 19:00

THE WHAT? Mousse Partners has pocketed US$95.2 million from the IPO of hair care brand Olaplex, according to a report published by Bloomberg Wealth.

THE DETAILS Olaplex raised US$1.6 billion via its flotation last week, Bloomberg reports, increasing its offer and pricing above the marketed range of US$17 to US$19 a piece, at US$21 each.

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