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Revlon To Acquire Elizabeth Arden

$870 million deal expands Revlon's reach into new regions and categories.

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By: Christine Esposito

Editor-in-Chief

  Revlon, Inc. and Elizabeth Arden, Inc. have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for Elizabeth Arden of approximately $870 million.   By bringing together two highly complementary, iconic brand portfolios, Revlon will benefit from greater scale, an expanded global footprint, and a significant presence across all major beauty channels and categories, includ...

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