UK's Revolution Beauty explores sale after takeover approach
UK's Revolution Beauty explores sale after takeover approach
Published by Global Banking and Finance Review
Posted on May 21, 2025

Published by Global Banking and Finance Review
Posted on May 21, 2025

(Reuters) -British makeup and skin care retailer Revolution Beauty said on Wednesday it was exploring a sale after it received a preliminary takeover approach.
The move comes days after the company said it was reviewing its funding structure and mulling a fundraise from key shareholders after its annual sales slumped by more than a quarter.
The company did not disclose the identity of the potential bidder.
Revolution Beauty had a market capitalization of 16.6 million pounds ($22.3 million) as of Tuesday's close.
($1 = 0.7435 pounds)
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Nivedita Bhattacharjee)
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