French eye-wear maker Essilor Luxottica (the parent company of Ray-Ban) has taken a 5.1% stake in Nikon. As a result, Nikon’s share price surged as much as 10% after confirmation from a regulatory filing and LSEG data. Nikon’s share price is up nearly 20% since the start of the year (2024): Based on current prices, this stake is valued at around $184 million. Essilor Luxottica began accumulating Nikon’s shares from as early as August 5 through October 1. Essilor Luxottica has had a joint venture with Nikon since 2000. Meta is reportedly also considering a stake of up to 5% in Essilor Luxottica. Ray-Ban currently sells Meta glasses with built-in cameras: Nikon + Ray-Ban + Meta, does anyone see it? Source: Reuters The post Ray-Ban parent company Essilor Luxottica takes 5.1% stake in Nikon appeared first on Nikon Rumors. Related posts: Nikon’s stock surged 10%, the most since 2013 (and other Nikon corporate news) 30 days with the Nikon Z9 and Nikkor Z 800mm f/6.3 VR S lens NikonRumors Instagram account is back online, Meta: “We’re sorry we got this wrong” ...
Published By: Nikonrumors - Monday, 14 October