This article is more than 5 years old. Information may no longer be current.

FTC approves Essilor, Luxottica merger

Issue: April 2018

Add topic to email alerts

Receive an email when new articles are posted on

Please provide your email address to receive an email when new articles are posted on .

Subscribe

Added to email alerts

You've successfully added to your alerts. You will receive an email when new content is published.

Click Here to Manage Email Alerts

You've successfully added to your alerts. You will receive an email when new content is published.

Click Here to Manage Email Alerts

Back to Healio

We were unable to process your request. Please try again later. If you continue to have this issue please contact customerservice@slackinc.com.

Back to Healio

Essilor and Luxottica announced that the proposed combination between the two companies has been cleared by the U.S. Federal Trade Commission without conditions.

The U.S. is one jurisdiction where antitrust approvals are a condition precedent to the closing of the transaction, according to a joint press release from the companies.

To date, the transaction has also been unconditionally approved in the European Union and 13 other countries: Australia, Canada, Chile, Colombia, India, Japan, Mexico, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan.

The finalization of the proposed Essilor and Luxottica merger is planned for the first part of 2018 after obtaining all necessary authorizations.