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ASSOCIATE SPONSORS
Del Vecchio, whose father died five months before he was born, would spend the next seven years at the institution. Precocious, he was allowed to leave early — at age 14 — to start working.
Leonardo Del Vecchio, who created the eyewear business that owns brands like Ray-Ban and Oakley, passed away on Monday at the age of 87, his company reported.
The two companies said in a joint statement that the deal would entail Delfin - the holding company of Luxottica's founder Leonardo Del Vecchio - contributing its shares in Luxottica to Essilor based on an exchange ratio of 0.461 Essilor share for 1 Luxottica share.
