Lion Capital Eyes Deal For French Optical Retailer

Law360, New York (April 30, 2012, 8:40 PM EDT) -- Lion Capital LLP is angling to buy French optical retail giant Alain Afflelou from competing private equity firm Bridgepoint in a deal that could clear in June this year if European regulators allow it, the firms said Monday.

Lion Capital is in an exclusive period to reach a final agreement to buy the optical giant from Bridgepoint, which has been a majority stakeholder of the retailer since 2006, as well as other stakeholders, including French private equity firm Altamir Amboise, according to a joint statement by...
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