Revlon and Elizabeth Arden have announced that they 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 the two portfolios, Revlon will benefit from greater scale, an expanded global footprint, and a significant presence across all major beauty channels and categories, including the addition of Elizabeth Arden’s growing prestige skin care, colour cosmetics and fragrances. 

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Revlon in 'beauty, fragrance, grooming & health'
Elizabeth Arden in 'beauty, fragrance, grooming & health'