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EL - EssilorLuxottica SA News Story

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Consumer Cyclicals
Large Cap
Market Cap £65.57bn
Enterprise Value £67.72bn
Revenue £14.52bn
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EssilorLuxottica: making good progress on offer for Grandvision

Tue 27th July, 2021 7:07am
PARIS, July 27 (Reuters) - EssilorLuxottica  ESLX.PA , the
French-Italian eyewear group whose brands include Ray-Ban, said
on Tuesday that it was making solid progress in its planned
takeover of Dutch eyewear store operator Grandvision  GVNV.AS .
    "EssilorLuxottica confirms that it is making timely progress
on the preparations for the offer," said the company.
    "EssilorLuxottica will submit a request for review
and approval of the offer memorandum with the Netherlands
Authority for the Financial Markets (AFM) no later than
September 23, 2021, which is the ultimate date to submit the
offer memorandum with the AFM for approval under the Dutch
bidding rules," it added.

 (Reporting by Sudip Kar-Gupta; Editing by Kirsten Donovan)
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