Company Statement: Essilor acquires Transitions Optical, a global leader in photochromic lenses
( July 29, 2013, 15:00 GMT | Official Statement) -- MLex Summary: Essilor International announced buying 51 percent stake in Transitions Optical, a photochromic lenses maker, owned by PPG. The deal also includes the acquisition of Intercast, a supplier of sun lenses. The transaction is subject to regulatory approvals and the companies expect to close the deal in the first half of 2014.The full statement follows:...
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