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Sep 4, 2020
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EssilorLuxottica to appeal court verdict over GrandVision

By
Reuters API
Published
Sep 4, 2020

Spectacles maker EssilorLuxottica said on Friday it would appeal against a court verdict regarding planned takeover target GrandVision , after losing a Dutch court case that could jeopardise the deal.


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"EssilorLuxottica confirms that it has decided to file an appeal against the judgment dismissing the company’s demands for disclosure of information from GrandVision," it said in a statement.

Last month, the Rotterdam district court said EssilorLuxottica had failed to prove its claim that Dutch company GrandVision had breached a takeover pact by not seeking permission for actions it took as lockdowns to combat COVID-19 extended throughout Europe.
 

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