trending Market Intelligence /marketintelligence/en/news-insights/trending/jvApaPYKHvFlWZrd3OElkQ2 content esgSubNav
In This List

Report: Revlon hires Goldman Sachs advisers to explore potential sale

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Report: Revlon hires Goldman Sachs advisers to explore potential sale

Revlon Inc. has tapped financial advisers from Goldman Sachs Group Inc. to help explore strategic alternatives for the company, including a sale, Bloomberg News reported Aug. 15, citing a person with knowledge of the matter.

The U.S. beauty products maker is reportedly looking at all options such as selling part or all of the business. No agreements have been reached, the report said, but the company is "reviewing all strategies."

A Goldman Sachs representative confirmed to Bloomberg that the bank has been hired by Revlon, but declined to provide more details.

Revlon did not immediately respond to S&P Global Market Intelligence's request for comment.

The company's stock rose as much as 16.69% to $16.99 following the news before closing up at $15.36.