UPDATE 1-Doughty Hanson prepares ATU float-source

Newswire

LONDON, Jan 19 (Reuters) - Private equity company Doughty Hanson is preparing to float German car parts and auto repair company ATU in a move that could value it at over 1.5 billion euros ($1.90 billion), a source close to the situation said. Doughty Hanson has appointed investment banks Credit Suisse First Boston and HSBC to prepare the flotation, the source said, adding it could take place by the third quarter this year. A spokesman for Doughty Hanson declined to comment on the plan, ...

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