MILAN — Moulin International Holdings launched an unsolicited, $450 million bid for Cole National Group Inc., initiating a contest for the U.S. firm with Italian industry giant Luxottica, which has a $401 million bid on the table.

Moulin could not be reached for comment. A Cole shareholders meeting was scheduled for Tuesday to vote on the Luxottica bid, but that meeting is now postponed.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus