Grandvision to Be Delisted in Early January
December 13 2021 - 11:50AM
Dow Jones News
By Mauro Orru
Euronext NV gave the go ahead for the delisting of Grandvision
NV from the Amsterdam stock exchange to take place in early
January.
Franco-Italian eyewear company EssilorLuxottica SA said Monday
that Euronext granted approval for the delisting after it exceeded
a 95% ownership threshold in Grandvision.
The last trading day will be Jan. 7, with the delisting slated
for on Jan. 10, EssilorLuxottica said.
EssilorLuxottica completed the acquisition of a 76.72% stake in
Grandvision from HAL Optical Investments in July, and committed to
buying out all remaining shares and delist Grandvision from
Euronext Amsterdam.
EssilorLuxottica said it plans to buy out all remaining shares
as soon as possible.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
December 13, 2021 12:35 ET (17:35 GMT)
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