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Olay is owned by The Procter & Gamble Company, headquartered in the United States. Yes. The ultimate owner of Olay, The Procter & Gamble Company, is headquartered in the United States.
Procter & Gamble is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. It specializes in a wide range of personal care, health, and hygiene products.
Sources: en.wikipedia.org, pg.com
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