Reliance Industries: May buy out Revlon Inc

Reliance Industries: May buy out Revlon Inc

17 June 2022, Mumbai:

Mukesh Ambani's Reliance considering buying out Revlon in the US, reports say.

Reliance Industries may buy out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources.

Mukesh Ambani-led Indian oil-to-retail conglomerate is now mulling bidding for a cosmetics maker that filed for Chapter 11 bankruptcy protection in the United States.

CREDITS: RETAIL ECONOMIC TIMES (The news article has not been edited by DFU Publications staff)

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