Luxottica, parent company of Oakley, Ray-Ban and many other brands...

2017-01-26T00:00:00

Luxottica, parent company of Oakley, Ray-Ban and many other brands of sunglasses, has agreed to merge with Essilor, the world's largest supplier of ophthalmic lenses in an all-stock deal that values the Italian company at €22.8 billion. The combined company will have market capitalization of more than €50 billion and ...

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