Mergers & Acquisitions Mergers & Acquisitions

EssilorLuxottica closes in on EU approval for GrandVision deal

By Andrew Boyce
  • 09 Mar 2021 08:28
  • 09 Mar 2021 08:28

EssilorLuxottica has successfully concluded remedy negotiations with the European Commission for its takeover of Dutch eyewear retailer GrandVision, bringing it close to EU approval, MLex has learned.

The Ray-Ban maker told the commission last month that it would divest around 350 stores in Italy, Belgium and the Netherlands to resolve concerns

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