French Court Names Frank Gentin to Arbitrate EssilorLuxottica Spat -AFP
April 26 2019 - 9:32AM
Dow Jones News
--Paris's Commercial Court has appointed its former president
Frank Gentin to resolve EssilorLuxottica's governance crisis, AFP
reports, citing an anonymous source.
--The Franco-Italian company--formed by a 2018 merger--is
currently paralyzed by a conflict between Chairman Leonardo Del
Vecchio and the Vice-Chairman Hubert Sagnieres, AFP says.
--Essilor, the French side of the company, referred the matter
to the court earlier this week and requested it send someone
capable of breaking the deadlock, according to AFP.
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(END) Dow Jones Newswires
April 26, 2019 09:17 ET (13:17 GMT)
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