(Il Sole 24 Ore Radiocor) - Milano, 4 giu - Shares of the Franco-Italian eyewear group EssilorLuxottica were higher in Paris trade, after Leonardo Maria Del Vecchio and Rocco Basilico reportedly reached an agreement to end their legal disputes over a change in the ownership structure of Essilux controlling shareholder Delfin.

At 1105 GMT, Essilux shares were up 3.08% at 175.55 euros, while the CAC 40 benchmark was 0.59% higher at 8,198.80 points.

Leonardo Maria Del Vecchio and Rocco Basilico are among the eight heirs of Luxottica founder Leonardo Del Vecchio each owning 12.5% stakes in Delfin, which in turn is the main investor in Essilux with a 32.4% stake.

Paolo Basilico had recently turned to a court in Luxembourg, where Delfin is headquartered, to seek to block Leonardo Maria Del Vecchio's agreement to purchase a combined 25% stake in Delfin from Paola and Luca Del Vecchio. Once that acquisition is completed, Leonardo Maria Del Vecchio will be.

the largest shareholder in Delfin with a 37.5% stake.

(RADIOCOR) 04-06-26 13:15:52 (0334) 5 NNNN