Doughty Hanson prepares to float Germany's ATU -FT

Newswire

LONDON, Jan 19 (Reuters) - Private equity company Doughty Hanson is preparing a flotation of German car parts and auto repair company ATU in a move that could value ATU at more than 1.5 billion euros ($1.90 billion), the Financial Times reported. Doughty Hanson is understood to have appointed investment banks Credit Suisse First Boston (CSFB) and HSBC to prepare the flotation, the report said. A float could take place by the third quarter this year, the FT added. Doughty Hanson acquired ...

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