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Ray-Ban And Oakley Owner Considering Merger With French Rival
- Campaign, Monday, January 16, 2017 7:43 AM
Luxottica, the Italian glasses maker that owns Ray-Ban and Oakley, will merge with rival French lens maker Essillor. The deal, which would make the two firms worth about EUR46bn (GBP40bn), would create a global powerhouse in the eyewear industry with revenues of more than EUR15bn, the companies said in a statement.
