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ABN Amro handles first deal for Candover

ABN Amro has advised on its first acquisition for Candover, the UK private equity firm.

Candover will acquire a 77.96% stake in Ontex, a Belgian sanitary products group. The stake is currently owned by the Van Malderen family in Belgium, and the family will receive about €600m ($596m) for the stake. The total enterprise value of the deal is about €1bn.

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