Mergers & Acquisitions Mergers & Acquisitions

EssilorLuxottica wins conditional EU approval for GrandVision takeover

By Andrew Boyce
  • 23 Mar 2021 08:30
  • 23 Mar 2021 08:31
EssilorLuxottica has won EU approval for its takeover of Dutch eyewear retailer GrandVision, after agreeing to divest 351 shops in Italy, Belgium and the Netherlands.

The European Commission said the divestment addressed concerns that the deal would have allowed the Ray-Ban maker to “degrade” the access of rival opticians to

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