Luxottica leaves Milan stock exchange
Luxottica is now controlled by the new EssilorLuxottica, which has been listed under the same name on the Paris stock exchange since 2 October.
The process has been carried out in several phases. It started with Delfin, Luxottica founder Leonardo Del Vecchio’s family holding, contributing its 62.42% stake in Luxottica to Essilor, followed by a mandatory exchange offer for the remaining issued and outstanding Luxottica shares.
Essilor and Luxottica completed their merger on 1 October, becoming the largest player in the global eyewear industry. The new group has a combined annual turnover of more than 16 billion euros.
Translated by Barbara Santamaria
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