EssilorLuxottica Société anonyme (EL.PA)
- Reuters
UPDATE 2-Kering and EssilorLuxottica possible suitors for Italy's Marcolin, FT reports
Gucci-owner Kering and Ray-Ban parent EssilorLuxottica are among the suitors for Italian eyewear manufacturer Marcolin, the Financial Times reported on Saturday. Reuters had reported last month that top managers at Marcolin - which produces Tom Ford spectacles - have started meeting potential suitors while they prepare the company for a merger or sale by renewing a series of key licensing accords. Marcolin's owner, private equity firm PAI Partners, is seeking a valuation of about 1.3 billion euros ($1.4 billion) for the company, the FT reported, citing people familiar with the matter.
- Reuters
Kering and EssilorLuxottica possible suitors for Italy's Marcolin, FT reports
New York-headquartered eyewear maker Marchon has also expressed an interest, the FT added citing a single source. Reuters had reported last month that top managers at Marcolin - which produces Tom Ford spectacles - have started meeting potential suitors while they prepare the company for a merger or sale by renewing a series of key licensing accords. Marcolin's owner, private equity firm PAI Partners, is seeking a valuation of about 1.3 billion euros ($1.4 billion) for the company, the FT reported, citing people familiar with the matter.
- Insider Monkey
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