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BRIEF-Revlon says expects to eliminate about 350 positions worldwide - SEC filing
January 3, 2017 / 3:31 PM / a year ago

BRIEF-Revlon says expects to eliminate about 350 positions worldwide - SEC filing

Jan 3 (Reuters) - Revlon Inc -

* Company expects to eliminate approximately 350 positions worldwide

* Revlon Inc - Expects to recognize approximately $65 million to $75 million of total pre-tax restructuring and related charges

* Revlon Inc- Company expects that it will record for 2016 an estimated pre-tax restructuring charge of approximately $30 million

* Revlon Inc - Expects that all of integration restructuring charges will be paid in cash

* Revlon Inc - “Is continuing to evaluate related to integrating Elizabeth Arden organization into company’s business”

* Revlon - Has identified incremental annualized synergies, cost reductions expected to exceed previously-disclosed $140 million estimate - SEC filing

* Revlon -Anticipates to incur significant integration-related capital expenditures,non-restructuring integration costs related to restructuring actions Source text: (bit.ly/2j4EXyk) Further company coverage:

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