(Reuters) - Luxottica, whose brands include Rayban and Prada, said it would buy Oakley in an all-cash deal worth about $2.1 billion. It is to buy all the outstanding shares of Oakley for $29.30 per share.
Luxottica expects the deal -- which is likely to close in the second half of the year -- to lead to operating synergies of about 100 million euros over the next three years.
Read more at Reuters.com Mergers News
Luxottica expects the deal -- which is likely to close in the second half of the year -- to lead to operating synergies of about 100 million euros over the next three years.
Read more at Reuters.com Mergers News
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