REVLON <REV> BUYS BEECHAM'S COMSMETICS UNIT
Revlon Group Inc said it bought
Germaine Monteil's cosmetics business in the U.S. from the
Beecham Group PLC.
    Terms of the sale were not disclosed.
    The sale includes the rights to Germaine Monteil in North
and South America and in the Far East, as well as the worldwide
rights to the Diane von Furstenberg cosmetics and fragrances
lines and the U.S. distribution rights to Lancaster beauty
products.
    Meanwhile in London a statement from Beecham said the
business was sold to Revlon for 2.5 mln dlrs in cash and a
royalty payment.
 Reuter
