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Byline: Jonathan Braude in London
ABN Amro Capital Ltd., the private equity arm of the Netherlands' ABN Amro Bank NV, set the stage for its first major exit over the weekend, when it agreed to sell its health, beauty and feminine hygiene business, Accantia Health & Beauty Ltd., to London buyout house Duke Street Capital for [pounds sterling]225 million ($383 million).
The deal is the latest in a wave of secondary buyouts in Europe this year, with one fund buying from another. Monday, Nov. 24, brought another when New York and Bahrain-based Investcorp agreed to buy the Swedish bed and mattress maker Hilding Anders AB from Swedish private equity firms Nordic …