{"id":75978,"date":"2021-12-21T16:02:15","date_gmt":"2021-12-21T15:02:15","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=75978"},"modified":"2021-12-21T17:44:10","modified_gmt":"2021-12-21T16:44:10","slug":"essilorluxottica-holds-99-84-of-grandvision-following-its-tender-offer","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/essilorluxottica-holds-99-84-of-grandvision-following-its-tender-offer\/","title":{"rendered":"EssilorLuxottica holds 99.84% of GrandVision following its tender offer"},"content":{"rendered":"<h4>EssilorLuxottica announces that at the end of the post-acceptance period, which ended yesterday, Monday, December 20, 254,031,577 GrandVision shares were tendered in the offer.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>EssilorLuxottica<\/strong> now owns 99.84% of the shares of <strong>GrandVision<\/strong>, the Dutch optical retailer. GrandVision&#8217;s shares will have their last trading session on <strong>Euronext Amsterdam<\/strong> on January 7 and their listing will end on January 10, 2022.<\/p>\n<p>&nbsp;<\/p>\n<p>EssilorLuxottica states in a release that &#8220;<em>Including the 99.73% of the share capital already held by the Bidder, the Bidder will hold a total of 254,031,577 Shares, representing approximately 99.84% of the issued Shares in the share capital of GrandVision. This corresponds to approximately 99.89% of the issued and outstanding shares in the capital stock of GrandVision.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>After attempting to renegotiate the initial price downward, EssilorLuxottica announced in early summer that <strong>the original agreement would be honored<\/strong>. The group therefore acquired 76.7% of GrandVision on July 1, since which date GrandVision has been consolidated in EssilorLuxottica&#8217;s accounts.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/essilorluxottica-reports-solid-third-quarter-results\/\">ESSILORLUXOTTICA REPORTS SOLID THIRD-QUARTER RESULTS<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Luxottica<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EssilorLuxottica announces that at the end of the post-acceptance period, which ended yesterday, Monday, December 20, 254,031,577 GrandVision shares were tendered in the offer.<\/p>\n","protected":false},"author":380,"featured_media":75982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"EssilorLuxottica announces that at the end of the post-acceptance period, which ended yesterday, Monday, December 20, 254,031,577 GrandVision shares were tendered in the offer.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Euronext Amsterdam,shares,stock market,EssilorLuxottica,eyewear,finance,GrandVision,optical retailer","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-75978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/75978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/380"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=75978"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/75978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/75982"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=75978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=75978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=75978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}