--EssilorLuxottica SA is reconsidering its acquisition of Dutch optical retailer GrandVision NV amid concerns over the effects of the pandemic and a legal wrangle between the two companies, Bloomberg reports, citing unnamed sources.
--The Franco-Italian eyewear giant may seek to renegotiate the purchase price, currently agreed at 7.3 billion euros ($8.82 billion), or even pull out of the deal, Bloomberg reports. EssilorLuxottica didn't immediately respond to a request for comment.
Full story: https://bloom.bg/2Iyni0e
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12-10-20 0455ET