EssilorLuxottica SA logo

EL - EssilorLuxottica SA News Story

€169.36 -4.4  -2.5%

Last Trade - 12:55pm

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £65.57bn
Enterprise Value £67.72bn
Revenue £14.52bn
Position in Universe 17th / 844

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)
 ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.