GrandVision announces carve-out of RotterYKrauss as part of Chilean market regulator approval for transaction between EL and HAL
Schiphol, The Netherlands, 12 April 2021. GrandVision N.V. (Euronext: GVNV) confirms that on Friday 9 April 2021, the Chilean market regulator FNE (Fiscalía Nacional Económica) has cleared the transaction between EssilorLuxottica and HAL for the sale of HAL’s 76.72% interest in GrandVision (the “Transaction”) following the commitment to divest GrandVision’s Chilean operations operating under the banner Rotter Y Kraus. GrandVision’s Chilean operations will be sold to HAL in accordance with the terms of the block trade agreement entered into by HAL and EssilorLuxottica on 30 July 2019 in respect of the Transaction.
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