24/7 Market News – (NYSE: REV) shares are trading up again today more than 4% in pre-market at $3.86 on more than 25,000 trades as of writing this post. India’s reliance considers buying out Revlon.
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. read more
#ETNOWExclusive | Revlon is a 90-year old global brand, that fits well with #RIL's plans for beauty & personal care, as per sources. Thus, #RelianceIndustries is considering buying out @Revlon in USA@nayantararai #Reliance #MukeshAmbani #StocksToWatch pic.twitter.com/EWeC2SzDFE
— ET NOW (@ETNOWlive) June 17, 2022