Luxottica, owner of Oakley in Foothill Ranch and Ray-Ban, in $49 billion merger with French company Essilor – Orange County Register

Essilor of France said Monday it would merge with the Luxottica Group of Italy, owner of the Ray-Ban and Foothill Ranch-based Oakley brands, in a $49 billion deal that would create a giant in the eyewear industry. The combined company, to be known as EssilorLuxottica, would be the largest player in the eyewear market, manufacturing […]

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