Essilor International SA (ESSI.PA)
15 Dec 2017
Sat, Dec 16 2017
MILAN Italy's Luxottica has parted ways with its fourth chief executive in three years as Chairman Leonardo Del Vecchio prepares the eyewear group he founded for a planned merger with France's Essilor .
* Milleri would replace Del Vecchio at merged group if he died (Adds comment from Luxottica's spokesman)
MILAN, Dec 15 Italian eyewear group Luxottica said on Friday Chief Executive Massimo Vian would leave the group, strengthening the powers of founder and Chairman Leonardo Del Vecchio ahead of a merger with France's Essilor .
BRUSSELS Italian eyewear maker Luxottica and French lens manufacturer Essilor are set to win unconditional EU antitrust approval for their 48 billion-euro ($57 billion) merger, two people familiar with the matter said on Thursday.
* PROPOSED COMBINATION APPROVED BY CANADIAN COMPETITION BUREAU Further company coverage: (Reporting by Milan newsroom)
* Proposed combination between the two companies has been cleared by the Canadian Competition Bureau
BRUSSELS EU antitrust regulators have suspended an investigation into the $54 billion merger between French glasses group Essilor and Italy's Luxottica after the companies failed to provide requested data.
BRUSSELS, Nov 3 EU antitrust regulators have suspended an investigation into the $54 billion merger between French glasses group Essilor and Italy's Luxottica after the companies failed to provide requested data.
* Decided to not oppose the proposed merger between Essilor International (Essilor) and Luxottica Group S.P.A Source text: (http://bit.ly/2yPQCbq) Further company coverage:
PARIS French eyewear group Essilor said on Tuesday 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.