EssilorLuxottica SA logo

EL - EssilorLuxottica SA News Story

€139.08 -0.8  -0.5%

Last Trade - 16/04/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £52.73bn
Enterprise Value £55.80bn
Revenue £12.50bn
Position in Universe 19th / 847

EssilorLuxottica offers to sell stores, seeks EU okay for Dutch deal - source

Tue 9th February, 2021 8:55am
BRUSSELS, Feb 9 (Reuters) - Eyewear maker EssilorLuxottica
 ESLX.PA  has offered to sell assets in three European Union
countries in a bid to allay EU antitrust concerns about its
7.2-billion-euro ($8.7 billion) bid for Dutch Opticians group
GrandVision  GVNV.AS , a person familiar with the matter said on
Tuesday.
    EssilorLuxottica submitted its offer to the European
Commission on Monday, according to a filing on the EU
executive's site. The EU competition enforcer will decide by
April 12 whether to clear or block the deal.
    ($1 = 0.8281 euros)

 (Reporting by Foo Yun Chee;)
 ((foo.yunchee@thomsonreuters.com;))
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