Revlon plans to go public, proceed with global review

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Revlon, which postponed an initial public offering last July due to a weak market, is moving toward another public issue this spring, according to industry insiders.
Well-placed sources said last week that the cosmetics giant is looking to file another initial public offering for the “New Revlon” around March of this year.
While Revlon officials refused to confirm or deny the reports, an executive at Revlon parent, MacAndrew & Forbes Holding, said the company is “considering reentering the public market” in 1993.
“The market for IPO’s has picked up considerably in recent weeks,” said James Conroy, senior vp/special counsel for M&FH.


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