EU U.S clear Essilor's 48 billion euro merger with Luxottica
Laurent Vacherot
Speaking earlier about progress towards the merger   Essilor’s Chief Operating Officer Laurent Vacherot  said: “We are serene ” repeating that the deal was expected to close in the first half of 2018.
Announcing its annual results   Essilor  said  it  was targeting revenue growth of around 4 percent in 2018. Revenues rose 3.1 percent on a like-for-like basis to 7.5 billion euros last year  partly helped by higher sales in North America.
 Vacherot  said Essilor would keep pursuing  its  strategy of bolt-on acquisitions in 2018  particularly in China and India.
Luxottica  which has been restructuring since 2014  forecast on Monday steady growth in sales and profits this year.  Its  shares rose 5.2 percent.
Speaking earlier about progress towards [TGT]said: “We are serene ” repeating that the deal was expected to close in the first half of 2018.
Announcing [TGT] annual results   Essilor  said  [TGT]  was targeting revenue growth of around 4 percent in 2018. Revenues rose 3.1 percent on a like-for-like basis to 7.5 billion euros last year  partly helped by higher sales in North America.
 [TGT]  said Essilor would keep pursuing  [TGT]  strategy of bolt-on acquisitions in 2018  particularly in China and India.
Luxottica  which has been restructuring since 2014  forecast on Monday steady growth in sales and profits this year.  Its  shares rose 5.2 percent.