India’s Reliance considers buying out Revlon in U.S.


© Reuters. FILE PHOTO: Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. REUTERS/Hannah McKay

BENGALURU (Reuters) – Indian conglomerate Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources.

Reliance and Revlon did not immediately respond to Reuters’ requests for comment.

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