EssilorLuxottica proposes taking stake of 5-10% in Armani, report says
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EssilorLuxottica is interested in acquiring a 5-10% stake in Armani, following the death of founder Giorgio Armani. The company does not seek an active management role. EssilorLuxottica, along with LVMH and L'Oreal, is named as a priority buyer for up to 15% of Armani. No comments from Armani or EssilorLuxottica yet.
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