The head of eyewear company EssilorLuxottica said he would welcome Meta as a shareholder after media reports that the U.S. tech company planned to take a small stake in the group. Speaking in a post-earnings call, CEO Francesco Milleri said he had been informed of the potential Meta investment but added that the Ray-Ban maker did not plan a capital increase in order to bring Meta on board. "We have no plan for a capital increase dedicated to Meta," he added, saying any share purchase would have to be made on the market.
AstraZeneca is building out manufacturing capacity to manage turbulent geopolitical times.
(Bloomberg) -- EssilorLuxottica SA confirmed Meta Platforms Inc. is interested in buying a stake in the world’s biggest eyewear maker.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street Goes Risk-On After US Economic Data: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Chief Executive Officer Francesco Milleri said that the US t
