Essilor Finalizes Acquisition of US Sunglass Maker Costa
03 Febbraio 2014 - 8:42AM
Dow Jones News
By Inti Landauro
PARIS--French lens maker Essilor International (EI.FR) Monday
said it has finalized the acquisition of U.S. sunglasses maker
Costa Inc. (ATX) after shareholders agreed to tender their shares
and it secured all regulatory approvals.
In November, the company had offered $21.50 for each Costa share
or a total of $270 million.
Based in Rhode Island, Costa "is expected to report
approximately $100 million in revenue in 2013," Essilor said.
Write to Inti Landauro at inti.landauro@wsj.com
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