Luxottica shareholders should be very happy with the deal the company recently reached with Google. Since the announcement the price of the shares increased with about 3 euro from 39 to somewhere around 42 euro. For Luxottica it means an appreciation with a dazzling 1,5 billion euro. Delfin, major shareholder with still 61,35% of the shares and controlled by founder Leonardo del Vecchio, gained almost 1 billion euro in only a few weeks. Interesting figures which show the enormous impact of decisions at the top of the market. Optics have become real big business for the major players!
Deal with Google impels Luxottica shares
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