[$$] Doughty Hanson wins bidding for TMF stake (at The Wall Street Journal Online)

yahoo.com     Jul 17, 2008            

By Toby LewisThe Wall Street Journal Europe Word Count: 492 | Companies Featured in This Article: ING Groep, UBS Doughty Hanson & Co., the U.K. private-equity group, has beaten out three rival firms to buy Dutch accounting firm TMF for some €750 million ($1.2 billion) in one of a few large private-equity deals involving midsize European firms this year. The company beat out Hellman & Friedman LLC, General Atlantic LLC and 3i Group PLC to buy a majority stake in the Dutch company from Silverfleet Partners LLP's Silverfleet Capital, known until May as PPM Capital. General Atlantic declined to comment. Hellman & Friedman and 3i were unavailable for comment. Doughty Hanson has provided €332 million in... [read full story]                    


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