Revlon taps Goldman to explore strategic options: Bloomberg

Revlon taps Goldman to explore strategic options: Bloomberg

FILE PHOTO: A Public Safety officer keeps watch as people stand in front of a billboard owned by Revlon that takes their pictures and displays them in Times Square in the Manhattan borough of New York October 13, 2015. REUTERS/Carlo Allegri

(Reuters) – Cosmetics maker Revlon Inc (REV.N) has tapped Goldman Sachs Group Inc (GS.N) to explore options for its business, Bloomberg reported on Thursday, citing people familiar with the matter.

Shares of the company rose about 5% on the news. (bloom.bg/2yX92G3)

The company did not immediately respond to a Reuters request for comment.

Reporting by Nivedita Balu in Bengaluru; Editing by Maju Samuel

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