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 concern

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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