Dreams Come True: Luxottica and Essilor to Merge

Corporate Finance M&A Deals

Dreams Come True: Luxottica and Essilor to Merge

Luxottica Group S.p.A. (BIT: LUX) — market cap as of 10/02/2016: €24.15bn Essilor International SA (EPA: EI) — market cap as of 10/02/2016: €23.72bn Introduction On January 16, 2017, Italy-based eyewear leader Luxottica SpA and French lensmaker Essilor International SA announced one of the largest cross-border mergers ever in Europe. Read more…

By BSIC, 7 years7 years ago

Markets Single Stocks Trade Ideas

Are luxury stocks too expensive?

Since the beginning of the year, a sector rotation seems to have started: cyclical stocks, especially those that are more exposed to Europe, have taken advantage of the improvement of the general feeling, while non-cyclical securities have experienced a general downturn. Among the latter category, luxury stocks (that have outperformed Read more…

By BSIC, 10 years10 years ago