Nikon shares jump 21% as Essilor Luxottica weighs boosting stake:
“Nikon Corp.’s shares surged 21% after Bloomberg reported that Essilor Luxottica SA, the maker of Ray-Ban sunglasses, is exploring a potential deal to increase its stake in the Japanese optical equipment manufacturer.
The Franco-Italian company is considering a move to boost its Nikon stake to around 20%, people familiar with the matter said. They asked not to be identified because the information is private. It currently has a nearly 9% holding in Nikon, according to data compiled by Bloomberg.”
Last year, Essilor Luxottica took a 5.1% stake in Nikon:
Ray-Ban parent company Essilor Luxottica takes 5.1% stake in Nikon
