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CVC Capital Partners

June 27, 2022

In this week’s FB Roundup, EssilorLuxottica chairman Leonardo Del Vecchio passes away aged 87; Barry Hearn and son are set to receive a £150 million windfall from Matchroom Sport stake sale; and Henry Cheng's family office bids for control of clothing retailer Giordano.

EssilorLuxottica chairman Leonardo Del Vecchio passes away aged 87
Leonardo Del Vecchio, the chairman of spectacles maker EssilorLuxottica and owner of iconic sunglasses brand Ray-Ban, has died aged 87.

“EssilorLuxottica sadly announces today that its chairman has passed away,” the group said in a statement, adding that the board would meet soon to “Determine the next steps”.

February 13, 2021

Arnault family’s L Catterton in rumoured Birkenstock takeover bid, Mining magnate Gina Rinehart backs lithium venture, Rocketing e-commerce powers L’Oreal recovery.

Arnault family’s L Catterton in rumoured Birkenstock takeover bid

Birkenstock, the sixth-generation family-owned business and the German footwear industry’s largest employer, could be the next $4.8 billion acquisition by the Arnault family’s private equity firm.

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