HAL in Talks With EssilorLuxottica About Possible Sale of GrandVision

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SCHIPHOL, The Netherlands—HAL Holding (Euronext: HAL) confirmed today that they are having discussions to sell HAL’s 76.72 percent ownership interest in GrandVision (Euronext: GVNV) to EssilorLuxottica (Euronext: EL). “No agreement has yet been reached and no assurance can be provided that these discussions will lead to such an agreement,” HAL said in a statement posted on its website. The price per share being discussed is approximately €28.00, according to a statement on GrandVision’s website. GrandVision is a global optical retailer that operates over 7,200 stores and has more 37,000 employees. Read More