Lion Capital Signs Agreement to Acquire Alain Afflelou

  NEW YORK—Private equity firm Lion Capital announced Monday that it has been granted a period of exclusivity by Bridgepoint to reach a definitive agreement to acquire the French optical retail chain Alain Afflelou from Bridgepoint.   The deal, which also involves minority shareholders Apax Partners France and Altamir Amboise, is expected to be concluded in June, after it has been approved by the European Competition Authorities, Lion Capital said in a statement.   No price was given in the statement. However, Reuters reported that banking sources in March said that the sale was expected to be backed by around €300 million ($397.1 million) of debt.     Read the article on VMail