EssilorLuxottica S.A. Unsponsored ADR (ESLOY)
Meta's metaverse vision trained on Ray-Ban owner EssilorLuxottica stake
Facebook, Threads, Instagram and WhatsApp parent Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is in discussions with EssilorLuxottica to acquire a 5% stake in the Ray-Bans owner. If a Bloomberg report citing “people familiar with the matter” proves accurate, it would amount to a nearly $5 billion stake in the Franco-Italian eyewear corporation.
Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica
Facebook parent Meta Platforms META -5.68%decrease; red down pointing triangle is in talks to acquire a stake of about 5% in eyewear giant EssilorLuxottica EL 6.14%increase; green up pointing triangle, the company it partners with to make its Ray-Ban smart glasses, according to people familiar with the matter.
Meta explores stake in Ray-Ban maker EssilorLuxottica, FT reports
Meta Platforms has explored a multibillion-euro investment in eyewear group EssilorLuxottica , the Financial Times reported on Thursday.
ESLOY vs. PODD: Which Stock Is the Better Value Option?
Investors interested in stocks from the Medical - Products sector have probably already heard of EssilorLuxottica Unsponsored ADR (ESLOY) and Insulet (PODD). But which of these two stocks offers value investors a better bang for their buck right now?
