Bailout or bust? Alitalia divides a nation, paralyses Rome
ROME/MILAN Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed.
AMSTERDAM Dutch eyeglass store operator Grandvision (GVNV.AS) said on Wednesday it will acquire Tesco's (TSCO.L) chain of more than 200 opticians.
The deal will increase the number of stores Grandvision operates in the United Kingdom and Ireland to nearly 600, the Dutch company said in a statement.
Tesco Opticians employs more than 1,500 people and had revenues of approximately 90 million pounds in 2016. No financial details of the transaction were disclosed.
The deal is expected to be completed in 2017 pending regulatory approval, said Grandvision, which also owns the Vision Express and GrandOptical chains.
(Reporting By Anthony Deutsch; Editing by Susan Fenton)
LONDON Britain will not fix its "broken" housing market unless it ends the dominance of the biggest housebuilders by supporting smaller providers to ramp up the rate of construction, a parliamentary committee warned on Saturday.