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UPDATE 2-Revlon cleared to exit bankruptcy with $2.7 bln debt reduction deal
Reuters via Yahoo Finance· 1 year agoA U.S. judge on Monday approved Revlon Inc's reorganization plan, allowing the cosmetics maker to cut $2.7 billion from its debt and exit bankruptcy later this month. U.S. Bankruptcy Judge David ...
UPDATE 6-Revlon files for bankruptcy, blames supply chain snags
Reuters via Yahoo Finance· 2 years agoCosmetics maker Revlon Inc has filed for bankruptcy, falling victim to global supply chain disruptions that pushed up raw material costs and prompted vendors to demand upfront payments. Known ...
UPDATE 2-Revlon emerges from bankruptcy after lender takeover
Reuters via Yahoo Finance· 1 year agoRevlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7 billion in debt and handing control of the beauty products company to its lenders. CEO Debra Perelman ...
UPDATE 3-Revlon borrows $375 million in bankruptcy to shore up supply chain
Reuters via Yahoo Finance· 2 years agoRevlon Inc received bankruptcy court approval to borrow $375 million on Friday, saying it would use the funds to shore up supply chain problems that would otherwise imperil the cosmetic maker's ...
UPDATE 1-Judge rejects Revlon shareholders' demand for a bankruptcy equity committee
Reuters via Yahoo Finance· 2 years agoA U.S. bankruptcy judge on Wednesday declined to appoint an equity committee in Revlon Inc's bankruptcy, rejecting a minority shareholder demand for a greater say in the cosmetics company's ...
UPDATE 1-Cosmetics maker Revlon nears bankruptcy filing - WSJ
Reuters via Yahoo Finance· 2 years ago(Adds details from report, debt, share movement) June 10 (Reuters) - Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported ...
UPDATE 1-Revlon and key creditors strike deal, April bankruptcy exit
Reuters via Yahoo Finance· 1 year agoBankrupt cosmetics giant Revlon Inc on Monday reached a restructuring agreement which would turn over ownership of the company to its lenders and wipe out current shareholders. Revlon now has ...
UPDATE 1-India's Reliance considers buying out Revlon in U.S. - ET Now
Reuters via Yahoo Finance· 2 years ago(Adds details on Revlon bankruptcy, Reliance business) BENGALURU, June 17 (Reuters) - Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days ...
UPDATE 1-Citigroup in talks to recoup errant $500 mln Revlon loan payment
Reuters via Yahoo Finance· 2 years agoCitigroup Inc is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc, the now-bankrupt cosmetics company ...
Why Revlon Stock Sank This Week
Motley Fool· 2 years agoRevlon (NYSE: REV) stock trailed the market by a wide margin this week. The makeup specialist's shares fell 22% through Thursday trading even as the wider market rose 1.5%, according to data ...