FTSE hits fresh five-and-a-half year peaks

LONDON - The FTSE 100 rose on Monday, pushing up to fresh 5-1/2 year peaks spurred on by robust economic data out of both the United States and Japan, with technical analysts anticipating further near-term gains.

» More Business News

German solar boom strengthens critics of subsidies

FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.

» More Green Business News

Zynga buys British-based games company

NEW YORK - Zynga has acquired Wonderland Software, a nine-person video game studio based in Britain that makes mobile games for Apple devices, in a bid to offer more games for users to play on smartphones and tablets.

» More Small Business News

Luxottica buys France's Alain Mikli for 90 million euros

Related Topics

Quotes

   

MILAN | Fri Nov 30, 2012 5:39pm GMT

MILAN (Reuters) - Italy's Luxottica (LUX.MI), the world's biggest premium eyewear maker, said on Friday it had signed a deal to buy French luxury eyewear maker Alain Mikli for around 90 million euros ($117 million).

The deal strengthens Luxottica's luxury brands portfolio, the company added in a statement.

In 2011 Alain Mikli posted net sales of about 60 million euros.

(Reporting By Danilo Masoni, editing by Francesca Landini)
Deals
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.