Almost a year since announcing the deal, the two companies are still working to secure the necessary approvals from major markets.
News & Analysis: ESSILOR INTL SA UNSP/ADR
While the deal should reward investors over the long run, there are still significant risks you should know going forward.
The French and Italian eyewear companies should be able to enjoy attractive deal synergies.
The combination of these two eyewear companies creates a dominant global force in both lenses and frames.
The deal creates a massive enterprise that will boast 140,000 employees, $16 billion of annual revenue, and a global scale that overshadows its closest competitors by a wide margin.