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EssilorLuxottica shares jump

Reuters on MSN · 15h

EssilorLuxottica shares jump after reports that Meta bought 3% stake

By Elisa Anzolin and Juby Babu (Reuters) -Shares in EssilorLuxottica, the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company.

CNBC on MSN · 17h

Shares of Ray-Ban maker EssilorLuxottica jump 5% on reported Meta stake in AI push

Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.

Retail TouchPoints · 10h

Meta Takes $3.5 Billion Stake in Smart Glasses Manufacturer EssilorLuxottica

Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business of Fashion.

13h

Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push

Meta Platforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the ...

11h

Meta invests $5.3b in world’s biggest eye-wear maker

The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

1don MSN

Meta buys minority stake in eyewear giant EssilorLuxottica worth $3.5B

Meta Platforms (NASDAQ:META) has acquired a small non-controlling stake in eyewear holding company EssilorLuxottica ...

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