Essilor Luxottica Creeps Closer to 20% Nikon Stake

Essilor Luxottica is now one percentage point away from its approved 20% ceiling in Nikon — and while they insist it's a passive play, a Franco-Italian eyewear giant becoming Nikon's largest shareholder isn't nothing. For Nikon shooters, this is the slow-burn story to keep an eye on: the existing lens JV relationship means there's real strategic overlap here, even if the suits are saying all the right things about not meddling.