July 26, 2018 / 8:00 AM / 5 months ago

China regulator conditionally approves Essilor, Luxottica merger

BEIJING (Reuters) - China’s markets regulator said on Thursday it has conditionally approved merger between French lens manufacturer Essilor ESSI.PA and Italian eyewear Luxottica (LUX.MI).

One of the conditions is that the new entity should not sell its eyewear products at a price lower than costs without a justified reason, according to the State Administration for Market Regulation.

Reporting by Beijing Monitoring Desk; Editing by Vyas Mohan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below