Results 1 to 2 of 2

Thread: EU OKs Hal Holding To Buy Italian Eyewear Maker Safilo

  1. #1
    Manuf. Lens Surface Treatments
    Join Date
    Aug 2002
    Location
    in Naples FL for the Winter months
    Occupation
    Other Optical Manufacturer or Vendor
    Posts
    23,240

    Redhot Jumper EU OKs Hal Holding To Buy Italian Eyewear Maker Safilo

    EU OKs Hal Holding To Buy Italian Eyewear Maker Safilo
    One hour ago

    BRUSSELS (Dow Jones)--The European Commission Friday cleared Dutch investment group Hal Holding NV to buy struggling Italian eyewear maker Safilo Group SpA (SFL.MI).

    Hal, a unit of Netherlands Antilles-based Hal Trust (HAL.AE), owned a 2% stake in Safilo, the maker of Gucci and Dior sunglasses.

    Hal agreed in October increase its stake in Safilo to between 37.23% and 49.9% and to help recapitalize the debt-laden company, injecting around EUR283 million.


    http://online.wsj.com/article/BT-CO-...11-708144.html
    -By Adam Cohen, Dow Jones Newswires; +322 741 1486; adam.cohen@dowjones.com
    (Sabrina Cohen and Chiara Vasarri in Milan contributed to this article.)

  2. #2
    Master OptiBoarder
    Join Date
    Oct 2004
    Location
    Down in a hole!
    Occupation
    Dispensing Optician
    Posts
    13,078
    Too bad for them.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Eyewear maker Safilo cuts jobs, cash needed............
    By Chris Ryser in forum General Optics and Eyecare Discussion Forum
    Replies: 17
    Last Post: 03-25-2009, 08:12 AM
  2. Italian eyewear production continues decline in Q1
    By Chris Ryser in forum General Optics and Eyecare Discussion Forum
    Replies: 1
    Last Post: 03-05-2009, 01:31 PM
  3. Marcolin Italian Eyewear Hiring, DESIGNER AND SALES POSITIONS
    By Marcolin Careers in forum The Job Board
    Replies: 0
    Last Post: 08-18-2008, 07:56 PM
  4. Safilo Group Acquires Outlook Eyewear
    By Newsroom in forum Optical Industry News
    Replies: 0
    Last Post: 07-09-2003, 03:53 PM
  5. Replies: 0
    Last Post: 07-03-2002, 01:54 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •