{"id":70692,"date":"2019-08-26T00:01:58","date_gmt":"2019-08-26T04:01:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70692"},"modified":"2019-08-28T02:16:31","modified_gmt":"2019-08-28T06:16:31","slug":"third-point-builds-stake-in-ray-ban-maker-essilorluxottica-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2019\/third-point-builds-stake-in-ray-ban-maker-essilorluxottica-2.html","title":{"rendered":"Third Point Builds Stake in Ray-Ban Maker EssilorLuxottica"},"content":{"rendered":"<p>\n(Reuters) Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA (NESN.S) to Campbell Soup Co (CPB.N), has amassed a stake in Ray-Ban maker EssilorLuxottica SA (ESLX.PA), people familiar with the matter said on Sunday. Third Point, run by billionaire investor Daniel Loeb, is targeting EssilorLuxottica amid a power struggle inside the world\u2019s largest lenses and glasses manufacturer, following its formation last year through a 48 billion euro ($53 billion) merger of France\u2019s Essilor and Italy\u2019s Luxottica.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-essilorluxottica-thirdpoint-exclusive\/exclusive-third-point-builds-stake-in-ray-ban-maker-essilorluxottica-sources-idUSKCN1VF0MS\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA (NESN.S) to Campbell Soup Co (CPB.N), has amassed a stake in Ray-Ban maker EssilorLuxottica SA (ESLX.PA), people familiar with the matter [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70692","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=70692"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70692\/revisions"}],"predecessor-version":[{"id":70693,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70692\/revisions\/70693"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}