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Luxottica's offer to Rayban shareholders

MUMBAI OCT. 30. Luxottica group of Italy and associates have made an open offer to shareholders of Rayban Sun Optics India to acquire 20 per cent stake at Rs. 104.30 per share plus interest of Rs. 70.68 per share. The offer to acquire 48.95 lakh fully paid up shares of Rs. 10 each from Rayban would open on January 2, 2004 and close on January 31, 2004, Luxottica group informed the BSE.

PTI

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