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Essilor: go-ahead from Canada for merger with Luxottica.

(CercleFinance.com) - Essilor and Luxottica have announced that the Canadian Competition Bureau has given the go-ahead to the groups' planned merger.

Canada is one of five jurisdictions where approval by the competition authority is a condition precedent for the transaction to be completed.

So far, the merger has been allowed in ten other countries: Australia, Colombia, India, Japan, Morocco, New Zealand, Russia, South Africa, South Korea and Taiwan.

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