Hints and tips:
...Essilor then asked the Paris Commercial Court to bring in an outside mediator....
...The world’s biggest maker of frames and lenses said in a statement on Monday that its subsidiary Essilor International had “mobilised resources” to put an end to the fraudulent activities....
...Then there are a number of privately held Italian family multinational businesses, such as Ferrero or Barilla, which have managed healthy profit growth through international expansion as the domestic economy...
...Investors’ anxiety over the power struggle intensified in March, when Delfin, Mr Del Vecchio’s holding company, began an arbitration request that asked the International Chamber of Commerce to rule whether...
...The stand-off escalated in March when Mr Del Vecchio’s holding company Delfin initiated an arbitration request before the International Chamber of Commerce and Essilor asked the Paris Commercial Court to...
...As a result, Luxembourg-based Delfin said it had filed an arbitration request with the International Chamber of Commerce “to obtain an injunction to respect this agreement until its expiry”....
...(FT) Offshore bonds The tiny English Channel island of Guernsey, where the International Stock Exchange is based, has been issuing a record number of bonds over the past year as companies such as Netflix...
...Luxottica’s 83-year-old founder Leonardo del Vecchio has merged his luxury spectacles company with French lensmaker Essilor....
...Fiat Chrysler Automobiles has moved its legal and tax headquarters from Italy, while the company that emerged from the tie-up between France’s Essilor and Italy’s Luxottica relisted in Paris....
...Her international experience in finance will be a strong asset for the Company’s development....
...This is likely to be felt both in US names and some international trades,” analysts at Olivetree Securities said....
...People close to the company said Mr Jenisch, who previously headed Sika, a Swiss chemicals company, had pushed hard for Mr Wirahadiraksa’s replacement by Géraldine Picaud, finance director of Essilor International...
...He will be replaced from February 1 by Géraldine Picaud, the French finance director of Essilor International, the ophthalmic optics company....
...Essilor has 13 per cent of the $100bn global eyewear market, according to Euromonitor International, and Luxottica 14 per cent. The next largest is Johnson & Johnson with 4 per cent....
...Wirahadiraksa will be replaced from February 1 by Géraldine Picaud, the French finance director of Essilor International, the ophthalmic optics company that is in the process of trying to close a €45bn merger...
...By joining forces today, these two international players can now accelerate their global expansion to the benefit of customers, employees and shareholders as well as the industry as a whole....
...But that did not prevent Shanghai SIPG from reportedly paying £51m for Brazilian international Oscar this month....
...In a change of direction, he joined Essilor in 1989, becoming head of the group in Canada and then its US operations, and subsequently head of international development in 2010....
...Some of this year’s biggest deals involving European targets include the €50bn eyewear merger between Italy’s Luxottica and France’s Essilor, the $30bn takeover of Swiss biotech group Actelion by US rival...
...The largest deals included the $30bn takeover of Swiss biotech Actelion by Johnson & Johnson, and €50bn merger between Italian sunglass group Luxottica and French eyewear company Essilor....
...While Mr Mion transformed the retailer into an Italian industrial powerhouse, Mr Patuano is seen as having the international market experience to make Edizione a European group with global clout....
...This week Italy’s Luxottica and France’s Essilor agreed to a €50bn deal that would create the global leader in the fast-growing eyewear industry....
...International; and Kok Poh June, deputy chief executive of Sino-Singapore Tianjin Eco-City Investment and Development....
...David Rejeski, of the Woodrow Wilson International Center, a US think-tank, says: “The essence of [technology] disruption is how difficult it is to perceive, let alone measure.”...
...At Essilor International, the big French manufacturer of ophthalmic lenses, the domestic sales force has been armed with iPads to take to customer meetings....
International Edition