Proposed combination between Essilor and Luxottica approved in Canada

0
320
Canadian Competition Bureau approves proposed combination of Essilor and Luxottica

Essilor (Euronext Paris: EI) and Luxottica (MTA: LUX) today announced the proposed combination between the two companies has been cleared by the Canadian Competition Bureau. Canada is one of the five jurisdictions where antitrust approvals are a condition precedent to the closing of the transaction.

The transaction has been cleared so far in ten other jurisdictions: Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan.

NO COMMENTS