7/9/2025, 2:22:44 AM | www.marketscreener.com | news
Meta Platforms, Inc. acquired an unknown minority stake in EssilorLuxottica Société anonyme (ENXTPA:EL) in a transaction valued at approximately ?3 billion.
Meta Platforms, Inc. (META) acquired a minority stake in EssilorLuxottica Société anonyme (EL) for approximately $3.5 billion, marking a strategic investment in the French eyewear and optics company. The transaction, valued at around ?3 billion, was completed on July 9, 2025, with Meta holding slightly less than 3% of the company.