Candover Investments To Sell Equity Trust Holding To Doughty Hanson

Candover Investments plc’s Candover Partners Ltd. unit agreed to sell Equity Trust Holding Sarl, a provider of business administration and fiduciary services, to Doughty Hanson for an enterprise value of €350 million. The deal represents a 24 percent uplift to the valuation of the business as at 30 June 2010 and a return of 1.5 times cost.

DealsNorth AmericaUSBriefs