Meta Platforms Inc. (META) has acquired a minority stake of just under 3% in French ophthalmic firm EssilorLuxottica (ESLOF.PK, ESLOY.PK), valued at approximately 3 billion euros ($3.5 billion), according to a report by Bloomberg.
The investment, completed recently, indicates Meta’s interest in potentially increasing its stake to around 5% in the future, although these plans remain subject to change.
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