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Turkey approves EssilorLuxottica’s GrandVision acquisition

EssilorLuxottica's takeover of GrandVision has received approval in Turkey

EssilorLuxottica’s acquisition of GrandVision has been approved by the Turkish Competition Authority after the eyewear and lens company made commitments to how it conducted business in Turkey.

All regulatory approvals have now been obtained by EssilorLuxottica, but the outcome of the acquisition was still subject to the decision regarding ongoing arbitration proceedings.

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