Elizabeth Arden Hires Goldman Sachs to Assist in Possible Sale -Reuters
25 April 2014 - 3:07AM
Dow Jones News
U.S. cosmetics company Elizabeth Arden Inc. (RDEN) has hired
Goldman Sachs Group Inc. (GS) to assist with a potential sale,
Reuters reported Thursday, citing people familiar with the
matter.
Representatives for Elizabeth Arden didn't respond to requests
from Reuters for comment and Goldman Sachs declined comment.
The Wall Street Journal on Wednesday reported that South Korea's
LG Household & Healthcare Ltd. (051900.SE), a cosmetics firm,
was considering a bid for Elizabeth Arden. The South Korean company
said it would update the market in a month on any progress.
Full story at:
www.reuters.com/article/2014/04/24/us-elizabeth-arden-sale-idUSBREA3N1JY20140424
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