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The Daily Verified Briefing

Markets

Del Vecchio heir seeks €10 bn buyout, clash before June 30

Published 23 June 2026

Leonardo Maria Del Vecchio, an heir to the fortune behind eyewear giant EssilorLuxottica, has publicly challenged the board of his family's holding company to support his proposed 10-billion-euro buyout of two siblings, escalating a succession battle days before a crucial shareholder meeting.

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