KRTL BioTech

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses.