EssilorLuxottica S.A.’s €7.2 Billion Recommended Mandatory Public Offer for GrandVision

De Brauw advised GrandVision N.V. on the deal.

EssilorLuxottica S.A. launched a recommended mandatory public offer for GrandVision’s shares.
The offer was launched on 7 October 2021 and values GrandVision at around EUR 7.2 billion.

The Offeror is making a recommended mandatory public offer to all holders of shares (the “Shares” and each holder of Shares a “Shareholder”) at an offer price of Euro 28.42 per Share in cash (the “Offer”).

This mandatory public offer follows closing of the acquisition by EssilorLuxottica’s of HAL Investment’s majority stake in GrandVision N.V. on 1 July 2021.

The De Braw team included Klaas de Vries (Picture), Pete Lawley, Reinier Kleipool, Maurits Burggraaf, Arlina van Schaik.

Involved fees earner: Arlina van Schaik – De Brauw Blackstone Westbroek; Maurits Burggraaf – De Brauw Blackstone Westbroek; Klaas de Vries – De Brauw Blackstone Westbroek; Reinier Kleipool – De Brauw Blackstone Westbroek; Pete Lawley – De Brauw Blackstone Westbroek;

Law Firms: De Brauw Blackstone Westbroek;

Clients: GrandVision;

Author: Naoual Sadouqi