Luxottica May Be Undervalued, Yet Sunglass Drove A Hard Bargain

22 March 2001

Luxottica's share price on the Milan stock exchange grew beyond the price of 16.83 euros of its stingy secondary offering of last November after its momentous announcement last Feb. 22 that it was going to acquire Sunglass Hut, the world's largest chain of sunglass stores, at roughly the equivalent of ...

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