Dealtalk: 3i shareholder revolt increases takeover chances - Reuters
Fri, 08 Jul 2011 18:01With the group's share price trading at 16 percent discount to net asset value, and cash on the balance sheet dating back to a rights issue two years ago, some shareholders are calling for share buybacks. "I would like the company to do something about ...
Investor anger at 3i's slow road to recovery - Financial Times
Wed, 06 Jul 2011 19:01Investors are fuming about plans to increase the chief executive's remuneration package at a time when 3i's share price has trailed the FTSE 250 index by more than 16 per cent this year. Some have also joined in with limited partner investors in 3i's ...
3i faces shareholder ire over lack of share buybacks - Reuters
Wed, 06 Jul 2011 17:20Shareholders have been disappointed at 3i's weak share price, trading at an 18 percent discount to net asset value, and are still smarting at the departure of senior dealmaker Jonathan Russell in the business shake-up last year. Shares in the group ...
Disgruntled 3i shareholders demand substantial £700m-plus buyback - The Guardian
Sat, 16 Jul 2011 23:08Britain's oldest private equity group, 3i, faces shareholder demands to launch a £700m-plus share buyback to compensate for a falling stock price. The rebels are also nervous about the appointment of former Barings banker Simon Borrows, ...
UK Summary: FTSE Edges Lower As Portugal Downgrade Weighs - Wall Street Journal
Wed, 06 Jul 2011 08:16LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had made GBP233 million worth of investments in the first quarter, more than double the amount made in the same period last year, while asset sales soared to GBP337 million, from just GBP79 ...
Sector:
