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Exclusive - EU regulators to clear Luxottica, Essilor deal without conditions: sources

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Exclusive - EU regulators to clear Luxottica, Essilor deal without conditions: sources

Exclusive - EU regulators to clear Luxottica, Essilor deal without conditions: sources
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BRUSSELS (Reuters) – EU antitrust regulators are set to clear the 46-billion-euro (£34.3 billion) merger between French glasses group Essilor ad Italy’s Luxottica without asking for concessions, two people familiar with the matter said on Thursday.

The deal between Luxottica, the world’s biggest eyeglass frame maker, and Essilor, the world No. 1 lens maker, would create a company that would make products ranging from Ray-Bans to Giorgio Armani frames and have a major eyeglass retail outlet.

(Reporting by Foo Yun Chee and Julia Fioretti; editing by Philip Blenkinsop)

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