UMBRO: Doughty Hanson, the U.K. private
UMBRO: DoughtyHanson, the U.K. private equity firm, late last week lowered its stake in Umbroto 33%, or 48 million shares, after selling off 35 million shares of stock toinstitutional investors for approximately £43.3 million (US$83.7 mm). Theinvestment group has a six-month lockup agreement on its retained shares thatexpires Sept. 14. Doughty Hanson paid a reported ... Log in to view full article.