CHARENTON-LE-PONT, France,
May 19, 2010 /PRNewswire/ -- Sperian
Protection's Board of Directors agreed this morning to accept
Honeywell's voluntary tender offer to acquire 100% of its capital
at a price of EUR117 per share.
Essilor has agreed to sell all of its Sperian Protection shares
to Honeywell in an off-market transaction, based on the offering
price of EUR117 per share, subject to
certain conditions (approval from the European and US regulatory
authorities, as well as the French Ministry of the Economy,
Industry and Employment).
The world leader in ophthalmic optical products, Essilor
International researches, develops, manufactures and markets around
the world a wide range of lenses to improve and protect eyesight.
Its flagship brands are Varilux(R), Crizal(R), Essilor(R),
Definity(R) and Xperio(TM).
Based in France, the company
reported consolidated revenue of more than EUR3.2 billion in 2009, with 34,700 employees and
operations in 100 countries.
For more information, please visit http://www.essilor.com.
The Essilor share trades on the NYSE Euronext Paris market and
is included in the CAC 40 index.
Codes and symbols: ISIN: FR FR0000121667; Reuters: ESSI.PA;
Bloomberg: EI:FP.
Investor Relations and Financial Communications
Veronique Gillet - Sebastien Leroy
Phone: +33-(0)1-49-77-42-16
invest@essilor.com