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Digital Camera World
Digital Camera World
Mike Harris

Ray-Ban buys Nikon? Share prices rocket

Nikon Oakley EssilorLuxottica Meta RayBan Google Finance Red
Ray-Ban Aviators and a Nikon Z8, side by side with a green graph used to symbolise stock increases .

EssilorLuxottica SA has bought a 5.1% stake in Nikon, causing a boost in the imaging giant's shares.

According to Reuters, the Franco-Italian holding company, which owns luxury eyewear brands including Ray-Ban, Oakley and Persol, invested €170 million (approximately $187 / £142 / AU$275 million) in Nikon – and it's had an immediate effect on the imaging company's stock.

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