Ray-Ban Heir Wins Support for 12 Billion Dollar Deal
Leonardo Maria Del Vecchio gained family approval today to buy out two siblings and increase his stake in Delfin. The move aims to end a long governance stalemate.
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The heirs of the late billionaire Leonardo Del Vecchio have reportedly approved a significant restructuring of the family empire, potentially granting one of his children increased control over ESSILORLUXOTTICA. The move involves a $12 billion scheme aimed at breaking a long-standing governance stalemate within the family's holding company, Delfin, which is based in Luxembourg.
