Alain Afflelou Makes Progress

Apax Partners, the investment fund which backed Alain Afflelou's costly acquisition of Carrefour's optical retail operations in France and Spain, has sold a 5.97 percent stake in France's largest franchisor on the open market. Meanwhile, Afflelou reports a 3.0 percent decline to €10.6 million in net profit after goodwill amortization ...

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