Luxottica Buys Stake in Optical Chain

MILAN — Luxottica Group SpA has taken a 36 percent stake in Italian optical chain Salmoiraghi & Viganò for 45 million euros, or $58.5 million at current exchange. Entering as a financial partner, Luxottica will provide Salmoiraghi & Viganò with resources to grow while the latter maintains control of company operations.