Essilor-Luxottica merger clears another regulatory hurdle .....................
Essilor-Luxottica merger clears another regulatory hurdle
Published: 01/12/2017
Optician Online
Essilor and Luxottica have confirmed the proposed merger between the two companies has been cleared by the Canadian Competition Bureau.
Canada is one of the five jurisdictions where antitrust approvals are a condition precedent to the closing of the transaction.
The transaction has been cleared so far in 10 other territories: Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan. A European investigation is ongoing.
source:
https://www.opticianonline.net/news/...atory-hurdle-1
Looks like the European Committee did not receive their check........................
Quote:
Originally Posted by
EyeManDan
Well if those regulatory commissions are any thing like the US. Both companies need to wright a few checks and it will easily clear
Looks like the European Committee did not receive their check, as the decision is on hold for a couple of month, until February or March.
