EssilorLuxottica SA logo

EL - EssilorLuxottica SA News Story

€140.18 0.3  0.2%

Last Trade - 17/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £52.72bn
Enterprise Value £55.77bn
Revenue £12.43bn
Position in Universe 18th / 850

BRIEF-GrandVision: District Court Dismisses EssilorLuxottica Claims

Mon 24th August, 2020 5:33pm
Aug 24 (Reuters) - Grandvision NV  GVNV.AS :
    * REG-DISTRICT COURT RULES IN FAVOUR OF GRANDVISION
    * DISTRICT COURT HAS IN SUMMARY PROCEEDINGS DISMISSED ALL CLAIMS MADE BY ESSILORLUXOTTICA SA
    * ARBITRATION PROCEEDINGS INITIATED BY GRANDVISION AGAINST ESSILORLUXOTTICA ARE PROCEEDING
AS
PLANNED
    * CONTINUES TO SUPPORT ESSILORLUXOTTICA WITH SHARED OBJECTIVE TO OBTAIN REGULATORY APPROVAL
FOR
CLOSURE OF TRANSACTION WITHIN 12 TO 24 MONTHS FROM ANNOUNCEMENT DATE OF 31 JULY 2019

Source text for Eikon:  ID:nGNE3Gc1C5 
Further company coverage:  GVNV.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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