Reliance considers buying out Revlon in US- ET Now | Business News,The Indian Express

The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments.

Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, business channel ET Now reported on Friday, citing sources.

#ETNOWExclusive #RIL considers buying out @Revlon in USA#Revlon filed for #bankruptcy in USA this week RIL has big plans for #beauty & personal care@nayantararai has the scoop#RelianceIndustries #MukeshAmbani #StocksToWatch https://t.co/kBtdNXLgQ5

— ET NOW (@ETNOWlive) June 17, 2022

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The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments.

https://indianexpress.com/article/business/reliance-considers-buying-out-revlon-in-us-et-now-7978012/

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