Future Tech

EssilorLuxottica says Meta told it about potential investment

Tan KW
Publish date: Fri, 26 Jul 2024, 08:36 AM
Tan KW
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Future Tech

MILAN -The head of eyewear company EssilorLuxottica said Meta had informed him that it might take a stake in the company, adding on Thursday that he would welcome such a step.

The comments from CEO Francesco Milleri follow media reports last week that Meta could invest in the Ray-Ban maker. The Wall Street Journal said the two companies had discussed Meta taking a 5% stake in the Franco-Italian group.

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