Essilor Calls General Meeting for EssilorLuxottica
15 June 2018 - 3:55PM
Dow Jones News
By Nathan Allen
Essilor International SA's (EI.FR) board of directors has called
the first shareholders' meeting for EssilorLuxottica, in
anticipation that its merger with fellow eyewear maker Luxottica
Group SpA (LUX.MI) will go ahead before July 25, the French company
said Friday.
Essilor said it will submit resolutions that will give it "the
means to implement its development projects as quickly as
possible."
If the deal hasn't closed before then the company said it will
reschedule but keep the same agenda.
Essilor and Italy's Luxottica agreed to merge in March via a
complex share-swap deal that will create a company with a combined
market value of about 46.3 billion euros ($54.23 billion).
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
June 15, 2018 01:40 ET (05:40 GMT)
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