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The Times of India
The Times of India
Business
Bloomberg

Revlon jumps on report Reliance Industries is weighing an offer

Revlon Reliance Industries ET Now New Delhi New York

NEW DELHI: Revlon shares surged as much as 62% in New York trading after ET Now reported that Reliance Industries is considering buying the cosmetics giant.

Reliance Industries, owned by billionaire Mukesh Ambani, is mulling an offer just days after Revlon filed for Chapter 11 bankruptcy, the publication reported, citing people familiar with the matter.

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