Essilor Luxottica CEO Says Sees Supreme As A Communication Platform, A Direct Channel To An Audience Difficult To Reach; Relationship With Meta Is Really Strong, We Believe The Partnership Will Last Very Long; He Is Informed Of Meta's Intention To Take A Stake, We Welcome Everybody; If Meta Does Go Ahead With Taking Stake, It Will Not Affect Partnership
Portfolio Pulse from Benzinga Newsdesk
Essilor Luxottica's CEO views Supreme as a valuable communication platform and highlights a strong, long-term partnership with Meta. The CEO is aware of Meta's intention to take a stake in the company and welcomes it, stating it will not affect their partnership.
July 25, 2024 | 5:33 pm
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POSITIVE IMPACT
Meta's potential stake in Essilor Luxottica is welcomed by the CEO, who assures it will not affect their strong partnership.
The CEO's positive remarks about Meta's potential stake and the assurance that it won't affect their partnership are likely to be viewed favorably by investors, potentially boosting Meta's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80