(ANSA) – MILAN, DEC 21 – Following the post-adhesion period to the takeover bid which ended on December 20, EssilorLuxottica will hold a total of approximately 99.84% of the issued share capital of GrandVision. This was announced by the giant of lenses and frames, which initiated the procedures for the announced delisting of the title of the acquired company.
The settlement of the shares tendered during the post-accession period will take place on 23 December, with the last trading date of the GrandVision shares on Euronext Amsterdam which will be next 7 January while the listing and trading of the shares will end on 10 January. .
The bidder will initiate the buy-out procedure required by law in order to obtain 100% of the shares, adds Essilux. (HANDLE).
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Source From: Ansa
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