HALISTER: Luxottica, Essilor Said to Agree EU50b Merger: FT

Luxottica, Essilor Said to Agree EU50b Merger: FT

(Bloomberg) -- Deal due to be announced before market open on Monday, FT reports, citing unidentified people with direct knowledge of the event.
  • Deal sees Luxottica founder Leonardo Del Vecchio becoming largest single shareholder in merged group with a stake of ~30%
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
EI FP (Essilor International SA)
LUX IM (Luxottica Group SpA)

People
Leonardo Del Vecchio (Luxottica Group SpA)

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