Revlon to buy hair dye-maker

Published Aug 6, 2013 at 05:00AM

Revlon is buying Colomer Group, which sells hair dye and other products to beauty salons, for about $660 million. The transaction reunites Revlon with its former professional products division, which the beauty products company sold to CVC Capital Partners in 2000 for about $315 million. Revlon’s stock climbed nearly 7 percent in Monday trading and hit a seven-year high earlier in the session.

— From wire reports.

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