July 20, 2007 / 12:22 PM / in 11 years

Candover sells Bureau van Dijk to BC Partners fund

LONDON, July 20 (Reuters) - Private equity firm Candover Investments CDI.L said on Friday it had sold its Bureau van Dijk corporate data business to funds advised by London-based private equity firm BC Partners.

Candover did not disclose the terms of the transaction but said the sale would provide a return of 2.3 times its original investment.

People close to the situation told Reuters on Thursday the business was being sold for as much as 700 million euros ($966.6 million).

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