founder to return as CEO
22/08/2025 07:16
Aug 22 (Reuters) - Revolution Beauty < REVB.L> has terminated its formal sale process and named co-founder Tom Allsworth as its CEO, the cosmetics group said on Friday. The London-listed makeup and haircare company said it also plans to raise about 15 million pounds ($20.09 million) in fresh equity through an accelerated bookbuild. ($1 = 0.7467 pounds) (Reporting by Raechel Thankam Job in Bengaluru; Editing by Rashmi Aich) ((RaechelThankam.Job@thomsonreuters.com;))