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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
3i Group Plc | LSE:III | London | Ordinary Share | GB00B1YW4409 | ORD 73 19/22P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
7.00 | 0.25% | 2,809.00 | 2,816.00 | 2,818.00 | 2,826.00 | 2,795.00 | 2,806.00 | 2,413,251 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 2.57B | 4.57B | 4.6982 | 5.99 | 27.41B |
TIDMIII
RNS Number : 4633Y
3i Group PLC
03 March 2017
3 March 2017
3i announces the completion of the sale of 3i Debt Management to Investcorp
Following the announcement of 25 October 2016, 3i Group plc ("3i") announces the completion today of the sale of 3i Debt Management to Investcorp.
The transaction generates total cash proceeds to 3i of GBP270 million, of which GBP34 million relates to the repayment of loans provided to 3i Debt Management to fund two CLO warehouses, and an exceptional profit on disposal of GBP47 million, which will be included in our March 2017 NAV.
-Ends-
For further information, contact:
3i Group plc Silvia Santoro Investor enquiries Tel: +44 20 7975 3258 Kathryn van der Kroft Email: silvia.santoro@3i.com Media enquiries Tel: +44 20 7975 3021 Email: kathryn.vanderkroft@3i.com
About 3i Group
3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Our core investment markets are northern Europe and North America. For further information, please visit: www.3i.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
March 03, 2017 05:00 ET (10:00 GMT)
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