October 07, 2024 06:08 GMT
HEALTHCARE: EssilorLuxottica (EFFP: A2 pos/A): 5.1% Stake In Nikon
HEALTHCARE
- Essilor has reported a 5.1% stake in Nikon the Japanese camera & lens maker
- Nikon’s market cap is EUR 3.54bn with net cash making EV of EUR 3.4bn
- EFFP in comparison has EV of EUR 106bn and EBITDA around EUR 6.7bn
- We will wait for further communication from the company about the plans for the stake
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