Essilor International SA To Buy Ray-Ban Maker Luxottica Group SpA For About $24 Billion
The Ray-Ban brand logo is displayed on the arm and the lens of a pair of Wayfarer sunglasses, manufactured by Luxottica Group SpA, in an opticians in London, U.K., on Monday, Jan. 16, 2017. French lensmaker Essilor International SA agreed to buy Luxottica Group SpA, the maker of Ray-Ban sunglasses, for about 22.8 billion euros ($24 billion) in stock, combining the largest manufacturer and retailer in eyewear. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
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January 16, 2017
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UK LUXOTTICA
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