Ray-Ban Maker Luxottica Agrees €46bn Merger With Essilor
Luxottica, the world’s biggest glasses maker, has agreed a huge merger with a rival eyewear firm. The Italian eyewear designer, which owns Ray-Ban and Oakley, is to merge with French lens maker Esillor. Combination of the two firms will be worth about €46bn (£40bn; $49bn). The deal will also help to offer a succession plan … Read more