Mergers & Acquisitions Mergers & Acquisitions

EssilorLuxottica, GrandVision receive Brazilian clearance for deal

By Ana Paula Candil
  • 18 Mar 2020 15:55
  • 18 Mar 2020 18:05
EssilorLuxottica has received Brazilian antitrust approval without conditions to buy GrandVision.

EssilorLuxottica plans to first buy Hal Optical Investments' 76.72 percent stake in GrandVision, and then make a mandatory public cash offer for the rest of the company.

In a decision disclosed today in the case file, the Superintendence of the Administrative Council for

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