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Essilor International Compagnie Generale D Optique SA (ESSI.PA)

ESSI.PA on Paris Stock Exchange

122.95EUR
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Essilor/Luxottica deal approved by Canadian authorities
Tuesday, 28 Nov 2017 02:03am EST 

Nov 28 (Reuters) - Essilor Sa /Luxottica ::* Proposed combination between the two companies has been cleared by the Canadian Competition Bureau.* Transaction has been cleared so far in ten other jurisdictions: Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan.* French eyewear group Essilor said in October it was confident of securing European Union approval for its $54 billion merger with Italian peer Luxottica after the EU launched a full-scale probe into its impact on competition. nL8N1MZ0F3.  Full Article

Luxottica, Essilor tie-up approved by Canada antitrust
Tuesday, 28 Nov 2017 02:00am EST 

Nov 28 (Reuters) - Luxottica and Essilor say::PROPOSED COMBINATION APPROVED BY CANADIAN COMPETITION BUREAU.  Full Article

ACCC says won't oppose proposed Essilor and Luxottica merger
Wednesday, 25 Oct 2017 07:16pm EDT 

Oct 26 (Reuters) - ACCC::Decided to not oppose the proposed merger between Essilor International (Essilor) and Luxottica Group S.P.A‍​.  Full Article

Essilor looks at European Commission probe "with serenity and confidence"
Tuesday, 24 Oct 2017 05:21am EDT 

Oct 24 (Reuters) - Essilor International ::Essilor Chief Operating Officer Laurent Vacherot says group looks at European Commission probe into planned merger with Luxottica <<>> "with serenity and confidence".  Full Article

Essilor reports progress of combination with Luxottica
Tuesday, 26 Sep 2017 12:15pm EDT 

Sept 26 (Reuters) - ESSILOR SA ::REG-NEW RELEASE: FURTHER PROGRESS IN THE PROPOSED COMBINATION BETWEEN ESSILOR AND LUXOTTICA.CONFIRMS THAT THE EUROPEAN COMMISSION HAS INITIATED A PHASE II REVIEW OF PROPOSED COMBINATION OF ESSILOR AND LUXOTTICA‍​.COMPANIES REAFFIRM THE OBJECTIVE TO CLOSE THE TRANSACTION AROUND THE END OF THE YEAR, IN COOPERATION WITH THE RELEVANT AUTHORITIES.  Full Article

Essilor: antitrust process update for proposed combination between Essilor and Luxottica
Monday, 24 Jul 2017 12:00pm EDT 

July 24 (Reuters) - ESSILOR SA : :REG-NEWS RELEASE: ANTITRUST PROCESS UPDATE FOR THE PROPOSED COMBINATION BETWEEN ESSILOR AND LUXOTTICA.‍IN U.S. AND CANADA, ANTITRUST INVESTIGATION HAS ENTERED PHASE OF A SECONDARY REQUEST​.‍IN CHINA PROPOSED TRANSACTION IS UNDER MOFCOM'S REVIEW AND NOTIFICATION ACCEPTANCE IS EXPECTED SHORTLY​.‍IN EUROPE TWO COMPANIES EXPECT TO BE ABLE TO FORMALLY NOTIFY TRANSACTION IN COMING WEEKS​.‍TWO COMPANIES HAVE ALREADY RECEIVED CLEARANCE IN RUSSIA AND INDIA​.‍TWO COMPANIES' SHARED OBJECTIVE IN COOPERATION WITH RELEVANT AUTHORITIES IS TO CLOSE ANTITRUST PROCESS AROUND END OF YEAR​.  Full Article

Luxottica, Essilor expect to close merger's antitrust process around year-end
Monday, 24 Jul 2017 11:36am EDT 

July 24 (Reuters) - Luxottica, Essilor say::Have jointly filed with the antitrust authorities in the United States, Canada and Brazil, three of the five jurisdictions whose approval is a condition to close the merger.Antitrust investigation over Luxottica-Essilor merger has entered secondary request phase in the United States and Canada.Expect shortly notification of acceptance of merger from China's antitrust authorities .Merger has already received antitrust clearance in Russia and India.Expect to close anti-trust process at around year-end.  Full Article

Luxottica says to delist from New York stock exchange
Tuesday, 16 May 2017 04:04pm EDT 

May 16 (Reuters) - Luxottica says::to voluntarily delist from New York Stock Exchange (NYSE) after trading volumes have shifted significantly to the Italian market.decision to delist from NYSE does not affect the group's strategic vision for the United States, a core market.such move expected to generate cost savings and will allow for greater efficiencies in light of pending combination with Essilor.to initiate delisting from the NYSE with a SEC filing on or about June 6, delisting of American Depositary Shares should become effective 10 days after such filing.  Full Article

Essilor shareholders approve the combination between Essilor and Luxottica
Thursday, 11 May 2017 12:31pm EDT 

May 11 (Reuters) - ESSILOR SA :REG-NEWS RELEASE: ESSILOR SHAREHOLDERS APPROVE THE COMBINATION BETWEEN ESSILOR AND LUXOTTICA.ESSILOR'S DIVIDEND SET AT EUR 1.50 PER SHARE, UP 35%.  Full Article

Luxottica shares fall 2 pct after sales figures
Monday, 1 May 2017 10:30pm EDT 

May 2 (Reuters) - Luxottica::Shares down more than 2 percent in early trade after sales figures.The world's largest eyewear group said like-for-like sales fell 3.5 percent in the first quarter, hit by a recently introduced policy of reducing discounts and promotions online and across its retail network. nL8N1I07VI.  Full Article

Essilor International Compagnie Generale D Optique SA News

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Luxottica, Essilor extend deadline for merger pending China's approval

MILAN French lens manufacturer Essilor and Italian eyewear Luxottica have extended a deadline for their planned merger to July 31 as the Chinese competition authority has not yet approved the transaction.

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