Ray-Ban owner EssilorLuxottica takes 5% stake in Nikon

Reuters reports Franco-Italian eyeglass maker EssilorLuxottica is deepening its ties with Japan’s Nikon Corp. by taking a stake in the camera above 5%, as a long-term financial investment to support the company and its management. The 5.1% stake corresponds to 170 million euro ($187 million) investment, according to a regulatory filing and LSEG data cited by Reuters. EssilorLuxottica has brands... Read More