EU Regulator Has Suspended Essilor, Luxottica Probe -Reuters

EU antitrust authorities have suspended a probe into the $54 billion merger of France's Essilor and Italy's Luxottica after the companies failed to provide requested data, Reuters reports.

--The European Commission opened an investigation on Sept. 26 and suspended it on Oct. 25, according to its website.

--"Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission's decision is then adjusted accordingly," the commission told Reuters in an email.

Full story: http://reut.rs/2zcE7Vy

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November 03, 2017 08:46 ET (12:46 GMT)