Three firms win roles on €46bn merger between Ray-Ban owner and French lens maker

Ray-Ban and Oakley owner to tie up with French lens maker Essilor to create company with revenue of more than €15bn

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Cleary Gottlieb Steen & Hamilton, Italian law firm BonelliErede and French law firm Bredin Prat have secured advisory roles on a merger between Ray-Ban owner Luxottica and rival eyewear company Essilor.

Luxottica is the world’s biggest glasses maker and owns brands such as Oakley and Ray-Ban. Luxottica was founded in 1961 by Leonardo Del Vecchio.

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