3i Infrastructure set to exit stake in French green energy firm Energy FTSE 250 investment trust 3i Infrastructure is poised to sell its stake in French independent green energy operator Valorem in a deal worth roughly €309m (£258m).
Short seller makes multimillion pound bet against 3i Group Investing Shadowfall Capital and Research has taken out a multimillion-pound short position against 3i, the largest investment trust in the UK, arguing that its largest holding, Action, is overvalued. FTSE 100 private equity group 3i has been invested in Action for over a decade, which operates close to 3,000 stores across 12 European countries like Germany, [...]
3i Group: Inside Britain’s biggest retailer you’ve probably never heard of Investing £32.5bn investment trust, 3i Group, owns Britain’s biggest retailer: Action. You’ve likely never heard of Action, and that’s because it doesn’t actually operate in the UK, instead having close to 3,000 stores across 12 European countries like Germany, the Netherlands and France. The group is kind of like B&M: Selling items at a low cost, [...]
Private equity giant 3i makes ‘encouraging start’ on back of star performer Action July 18, 2024 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 ups dividend as Action’s ‘remarkable growth’ continues May 9, 2024 Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.