Essilor Scoops Up US Eyewear Firm For $565M
The deal to acquire the Smithfield, R.I., eyewear product designer and marketer includes the repayment of some $100 million in FGX debt. Under the terms of the agreement, which has already been approved by both boards of directors, FGX will be merged with a wholly owned subsidiary of Essilor, the companies said.
The deal's price represents a...
To view the full article, register now.