Proposed Combination Between Essilor and Luxottica Approved in Canada
Essilor and Luxottica announced the proposed combination between the two companies has been cleared by the Canadian Competition Bureau. Canada is one of the five jurisdictions where antitrust approvals are a condition precedent to the closing of the transaction.
The transaction has been cleared so far in ten other jurisdictions: Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan.
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