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Luxottica merges with lens maker to become world's largest eyewear company

Luxottica, the Italian eyewear giant that makes glasses for brands including Chanel, Burberry and Armani, is merging with French company Essilor, the world's leading lens maker, creating a group worth 50 billion euros with 140,000 employees. The merging company will be listed on the Paris stock exchange, meaning Luxottica will be delisted from...

31 Mar 2018