EssilorLuxottica Getting Cold Feet Over $8.8 Billion GrandVision Deal -Bloomberg
10 Dicembre 2020 - 11:10AM
Dow Jones News
--EssilorLuxottica SA is reconsidering its acquisition of Dutch
optical retailer GrandVision NV amid concerns over the effects of
the pandemic and a legal wrangle between the two companies,
Bloomberg reports, citing unnamed sources.
--The Franco-Italian eyewear giant may seek to renegotiate the
purchase price, currently agreed at 7.3 billion euros ($8.82
billion), or even pull out of the deal, Bloomberg reports.
EssilorLuxottica didn't immediately respond to a request for
comment.
Full story: https://bloom.bg/2Iyni0e
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
December 10, 2020 04:55 ET (09:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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