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Ferrero will buy wk kellogg new:
The Essilorluxottica action climbed more than 5% on Wednesday on the Paris Stock Exchange on Wednesday after pressing a stake in the end of 3% of the American technological giant Meta in the world’s issue of optics. Similarly, owner of Ray-Ban.
The title Essilorluxottica flew from 5.22% to 250.9 euros shortly after opening around 9:09 a.m., signing the highest increase in the start of the star of the Parisian square, CAC 40.
According to Bloomberg citing sources close to the case under the cover of anonymity. Meanwhile, Facebook’s parent company, Meta, acquired just under 3% of the capital of Essilorluxottica, “an share valued at around 3 billion euros ($ 3.5 billion) during the current course”.
The project of a Meta entrance to the capital has already been circulating since 2024. Moreover, but has not been formalized so far.
Questioned by AFP, ferrero will buy wk kellogg new Essilorluxottica did not wish to comment.
The two companies are already linked by a long -term partnership to develop glasses with artificial intelligence.
“Although this is not a surprise. this initiative strengthens their pioneering partnership in intelligent glasses powered by AI, increasingly perceived as the next big trend in connected objects intended for the general public,” write Jefferies analysts in a note.
Given Meta’s ambitions in the field of + Wearables + (connected objects focused on oneself. editor’s note) and the non-exclusive nature of its partnership with Essilorluxottica, a future evolution of their relationship remains possible, which could support the valuation of Essilorluxottica “, they add.
As part of their collaboration which started in 2019. they launched in 2023 a collection of Ray-Ban Meta connected glasses, equipped with artificial intelligence. The carriers of these glasses can make phone calls. make photos/videos and share them, listen to music and broadcast live ferrero will buy wk kellogg new content.
In June. the two groups announced the launch of a new collection of smart glasses under the Oakley Meta brand for athletes.
The president. managing director of Essilorluxottica, Francesco Milleri, said last year that Meta wished to take a participation in his business, but that this project had not yet materialized.
The group. born from the merger of Essilor and Luxottica bringing together under one roof glasses and frames, is in full diversification in connected glasses, hearing solutions and ophthalmic diagnosis.
This article was published automatically. Sources: ATS / AWP / AFP
Ferrero will buy wk kellogg new
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