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Luxxotica merging with Essilor

OakleyFrankFMJ

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Luxottica, Essilor in 45-billion euro merger deal to create eyewear giant: Source Luxottica, Essilor in 45-billion euro merger deal to create eyewear giant: Source
Luxottica, Essilor in 45-billion euro merger deal to create eyewear giant: Source


Italy's Luxottica and France's Essilor have agreed a 45-billion euro merger deal to create a global powerhouse in the eyewear industry, a source with knowledge of the matter said.

The deal, one of Europe's largest cross-border tie-ups, is expected to be announced before the market opens on Monday. It will see Luxottica's 81-year old founder Leonardo Del Vecchio take a 31 percent stake in the merged group through his family holding Delfin, the source said.
 
Since Essilor is an ophthalmic company, how will this affect the current Oakley sunglasses? If at all?
 
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