--EssilorLuxottica SA's chairman, Leonardo Del Vecchio, and vice chairman Hubert Sagnieres are trying to bring their long-running feud to an end ahead of the company's annual shareholders meeting next week, the FT reports, citing anonymous sources.

--The two executives are trying to reach a deal under which Essilor CEO Laurent Vacherot and Luxottica CEO Francesco Milleri--an ally of Mr. Del Vecchio--would hold more power, the FT says.

--Shares in EssilorLuxottica rise 4.2% to EUR110.45.

 

Full story: on.ft.com/308ey4Z

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 10, 2019 08:52 ET (12:52 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Essilor Luxottica (PK) (USOTC:ESLOY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Essilor Luxottica (PK) Charts.
Essilor Luxottica (PK) (USOTC:ESLOY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Essilor Luxottica (PK) Charts.