EssilorLuxottica Might Appeal Against Judgment Favoring GrandVision
25 Août 2020 - 7:54AM
Dow Jones News
By Olivia Bugault
EssilorLuxottica SA said Tuesday that a Dutch district court has
dismissed its demand to receive documentation from Grandvision N.V.
and HAL over their handling of the coronavirus pandemic and is
therefore examining a possible appeal.
The Franco-Italian optical giant, which last year agreed to buy
GrandVision, said on July 18 that it initiated proceedings before a
district court in Rotterdam, Netherlands to obtain the
documentation as Grandvision didn't respond to multiple requests
for information.
EssilorLuxottica said it is now assessing its options, including
the possibility of filing an appeal.
"The Company remains concerned about GrandVision's behavior in
continuing to deny access to important information related to their
handling of the Covid-19 outbreak," it said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
August 25, 2020 01:39 ET (05:39 GMT)
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