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Meta Invests $3.5 Billion in EssilorLuxottica
July 10, 2025
|Mint New Delhi
Facebook parent acquired just under 3% stake of the Ray-Ban maker at market prices
Meta Platforms Inc. bought a minority stake in the world's largest eyewear manufacturer, EssilorLuxottica SA, deepening the US tech giant's commitment to the fast-growing smart glasses industry, according to people familiar with the matter.
Facebook parent Meta acquired just under 3% of the Ray-Ban maker, a stake worth around €3 billion ($3.5 billion) at market prices, said the people, who asked not to be identified because deliberations are private.
هذه القصة من طبعة July 10, 2025 من Mint New Delhi.
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