Deals
Revlon to Acquire Colomer Group From CVC for $660 Million
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Revlon Inc., the maker of cosmetics under its namesake and Almay brands, agreed to buy the Colomer Group for about $660 million in cash from CVC Capital Partners to bolster its offerings to professional salon customers.
The acquisition is expected to close in the fourth quarter, New York-based Revlon said today in a statement. The takeover will be financed using funds underwritten by Citigroup Inc.