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Ray-Ban Heir Rejects $3.9 Billion Offer for Stake in Family Firm
Source: Bloomberg
M&A & RestructuringPrivate Markets & Venture
Ray-Ban heir Rocco Basilico rebuffed an offer of €3.5 billion ($3.9 billion) for his 12.5% stake in Delfin Sarl, the family investment company behind EssilorLuxottica SA. The report, citing people familiar with the matter, gives no reason for the rejection or details of the bidder.
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