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GrandVision N.V. (GRRDF)

Other OTC - Other OTC Delayed price. Currency in USD
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32.250.00 (0.00%)
At close: 1:16PM EDT
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Trade prices are not sourced from all markets
Previous close32.25
Open32.25
BidN/A x N/A
AskN/A x N/A
Day's range32.25 - 32.25
52-week range30.19 - 32.25
Volume2,229
Avg. volume0
Market cap8.183B
Beta (5Y monthly)0.32
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.42 (1.31%)
Ex-dividend date27 Apr 2021
1y target estN/A
  • Reuters

    EssilorLuxottica to go ahead with Grandvision deal

    PARIS (Reuters) -Ray-Ban maker EssilorLuxottica on Tuesday said it had decided to go ahead as planned with a takeover of Dutch eyewear store operator Grandvision and to close the deal on July 1. EssilorLuxottica, the French-Italian eyewear group, announced the bid for GrandVision in July 2019, aiming to control the Dutch company's more than 7,000 outlets across the world. But the planned deal has since been caught up in a legal battle between the two sides, with EssilorLuxottica arguing that decisions made by GrandVision during the COVID-19 pandemic could give grounds for ending its proposed takeover.

  • Reuters

    Ray-Ban maker EssilorLuxottica considers suing GrandVision over $8.6 billion deal -source

    (Reuters) -Ray-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had violated the terms of their 7.2 billion euro ($8.6 billion) proposed acquisition agreement, a source with knowledge of the matter told Reuters. EssilorLuxottica, the French-Italian spectacles giant, announced the bid for GrandVision in July 2019, aiming to control the Dutch eyewear group's more than 7,000 outlets across the world. But the planned deal has since been at the centre of a legal battle between the two sides, with EssilorLuxottica arguing that decisions made by GrandVision during the COVID-19 pandemic could give grounds for ending its proposed takeover.

  • Reuters

    EssiLux loses court appeal against takeover target GrandVision

    Spectacles maker EssilorLuxottica on Tuesday lost an appeal in its court battle with takeover target GrandVision, removing a possible hurdle for the 7.2 billion euro ($8.5 billion) deal. EssilorLuxottica in August last year lost a Dutch court case in which it had said that GrandVision's decisions to suspend payments to store owners and suppliers and to apply for state aid could give grounds for ending its proposed takeover. The Rotterdam district court at the time said EssiLux had failed to prove its claim that the Dutch operator of eyewear stores had breached the takeover agreement by not asking permission for the actions it took as lockdowns to combat COVID-19 spread throughout Europe.