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This article was originally published in The Rose Sheet

Executive Summary

Argentinean Plusbelle hair care brand divestiture to Dial subsidiary Nuevo Federal completed May 10, Revlon announces. The cosmetics giant is using approximately 60% of the net proceeds from the $46.5 mil. sale to pay down debt with balance used for "general corporate purposes." Revlon announced the sale in March (1"The Rose Sheet" April 3, p. 5)

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