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Revlon Inc (REV)

REV on New York Consolidated

29.65USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

SA's Competition Commission okays Revlon-Elizabeth Arden deal
Thursday, 8 Sep 2016 07:44am EDT 

South Africa's Competition Commission:Has approved, without conditions, intermediate merger whereby Revlon intends to acquire Elizabeth Arden.  Full Article

Elizabeth Arden posts Q4 adjusted loss per share $0.58
Wednesday, 10 Aug 2016 04:01pm EDT 

Elizabeth Arden Inc : Elizabeth Arden Inc announces fourth quarter and fiscal year end 2016 results . Q4 GAAP loss per share $0.79 . Q4 adjusted loss per share $0.58 . Q4 sales rose 9.8 percent to $192.7 million . Q4 earnings per share view $-0.78, revenue view $193.8 million -- Thomson Reuters I/B/E/S .Merger with a subsidiary of Revlon Inc announced on June 16, 2016, is still expected to close in 2016.  Full Article

Revlon reports quarterly adjusted earnings of $0.28/share
Friday, 29 Jul 2016 07:36am EDT 

Revlon Inc : Q2 adjusted earnings per share $0.28 . Q2 earnings per share $0.16 . Q2 sales rose 1.3 percent to $488.9 million . "Regarding funding for Elizabeth Arden acquisition, company received a very strong and positive reaction from debt markets" . Says has secured total financing commitments of about $2.7 billion, with favorable terms for the Elizabeth Arden deal .Revlon Inc says is on a growth trajectory to achieve its planned net sales and earnings for 2016.  Full Article

Revlon increases amount of notes offered from $400 mln to $450 mln
Friday, 22 Jul 2016 06:45am EDT 

Revlon Inc : Increasing aggregate principal amount of notes offered from $400 million to $450 million .Revlon announces pricing of $450 million 6.25 pct senior notes due 2024.  Full Article

Revlon announces proposed notes offering
Tuesday, 19 Jul 2016 03:18pm EDT 

Revlon Inc : Revlon inc says its unit is proposing to issue $400 million aggregate principal amount of senior unsecured notes due 2024 . Net proceeds of notes will be held in escrow until satisfaction of various customary conditions . Revlon announces proposed notes offering .Says notes are being issued to finance, in part, company's pending acquisition of Elizabeth Arden, Inc.  Full Article

Revlon presentation - expects total costs of about $60 mln to realize synergies from Elizabeth Arden deal
Monday, 11 Jul 2016 08:30am EDT 

Revlon Inc : Presentation- expects total costs of about $60 million over 4 yrs to realize synergies from deal . Presentation- expects total capital investments of about $70 million over 3 yrs after Elizabeth Arden deal Further company coverage: [REV.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

S&P says Elizabeth Arden ratings placed on creditwatch positive on acquisition by Revlon
Friday, 17 Jun 2016 03:09pm EDT 

S&P :Elizabeth Arden Inc. ratings placed on creditwatch positive on acquisition by Revlon.  Full Article

Moody's reviews Revlon's ratings for downgrade on announcement to acquire Elizabeth Arden
Friday, 17 Jun 2016 02:47pm EDT 

Moody's :Reviews Revlon's Ratings For Downgrade On Announcement To Acquire Arden Full Article

S&P places ratings of Revlon Consumer Products on creditwatch negative on acquisition of Elizabeth Arden
Friday, 17 Jun 2016 02:32pm EDT 

S&P : Revlon Consumer Products Corp. ratings placed on creditwatch negative on acquisition Of Elizabeth Arden . Believe that the acquisition could result in meaningful deterioration of the company's credit measures at closing .Placing ratings on Revlon, including its 'b+' corporate credit rating, on creditwatch with negative implications.  Full Article

Elizabeth Arden to pay Revlon $14 mln if merger is terminated
Friday, 17 Jun 2016 06:28am EDT 

Revlon Inc : Elizabeth Arden must pay co $14 million termination fee if merger is terminated following change of recommendation by its board .Co to pay Elizabeth Arden termination fee of $40 million if merger is terminated because co, Revlon consumer products failed to consummate merger.  Full Article

BRIEF-Revlon reports third quarter 2016 results

* Q3 sales rose 1 percent to $745.1 million Source text for Eikon: Further company coverage: