Private equity giant 3i makes ‘encouraging start’ on back of star performer Action Investment The firm's net asset value (NAV) per share rose four per cent to 2,167p at the end of June, up from 2,085p at the end of March.
3i Group: Dutch supermarket Action continues strong performance Investment 3i Group, the country's largest investment trust, has reported its main holding Action has "continued to perform strongly".
3i Group ups dividend as Action’s ‘remarkable growth’ continues Investment Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.
Private equity giant 3i Group boasts strong results thanks to Dutch discount retailer February 1, 2024 Infrastructure giant 3i Group boasted of a "good result" for the last quarter of 2023, thanks in large part to its largest holding, Dutch discount retailer Action.
3i Group posts surge in investor returns for full year to £1.7bn May 13, 2021 3i Group posts surge in investor returns for full year to £1.7bn
3i Infrastructure holds dividend despite yearly income slump January 27, 2021 Investment firm 3i Infrastructure remains on track to meet its dividend target after it reported a resilient third quarter on Wednesday. The company secured a total income of £24m between 1 October and 31 December, a 45 per cent drop from the £44m it took home during the same period last year. It is on [...]
FTSE 100 roundup: Today’s winners and losers February 1, 2019 The FTSE 100 finished 0.74 per cent up today, nudging just above 7,000 points to finish on 7,020.22. The index was bolstered by weakness in the pound after the release of further disappointing manufacturing statistics this morning. Sterling has had a tough end to an already difficult week, falling 0.3 per cent against the dollar, striking a [...]
Mark Kleinman’s big predictions for the Square Mile in 2019 January 11, 2019 Sir Martin Sorrell’s WPP exit, Unilever’s HQ U-turn, Melrose’s swoop for GKN: 2018 was a year full of surprises in the City. And while forecasting might be a fool’s errand, here are 10 predictions for the year ahead. •Theresa May will decisively lose next week’s “meaningful vote” on Brexit: that’s not a punt that will [...]
Jamie Oliver looking for a pukka pay day as restaurants go to tender June 1, 2015 British private equity firm 3i has been named as one of several prospective bidders being courted to buy a significant stake in Jamie Oliver’s burgeoning restaurant empire. 3i, which counts itself among some of the UK’s oldest private equity firm’s, has previously invested in restaurant chain Giraffe, which it subsequently sold to Tesco. Bids for [...]
3i starts to enjoy fruits of Simon Borrows’ turnaround plan May 14, 2015 The UK’S oldest private equity group 3i topped the FTSE 100 yesterday after revealing another set of thumping results, bringing the curtain down on a dramatic turnaround which has transformed the once-underperforming company. Investors applauded the end of the three-year initiative to streamline the firm by chief executive Simon Borrows by sending shares 15.5p [...]