Cosmetics company Revlon set to file for bankruptcy amid heavy debt load: Report
Shortpedia
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Cosmetics giant Revlon Inc. is preparing to file for Chapter 11 bankruptcy as soon as next week as it battles supply chain problems and a heavy debt load, according to people with knowledge of the matter, Bloomberg report said. Talks around the potential filing aren’t final and could change, said the people, who asked not to be named discussing private negotiations. A representative for Revlon declined to comment.
