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: Dutch supermarket Action continues strong performance June 27, 2024 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 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.
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 [...]