3i Infrastructure buying up to 50% of TCR
29th Apr 2016 08:08
(ShareCast News) - 3i Infrastructure announced an investment of €200m into TCR on Friday, in a consortium with Deutsche Asset Management. Headquartered in Brussels, TCR is Europe's largest independent asset owner of airport ground support equipment, and operated at 100 airports. 3i Infrastructure a
Read more3i Infra takes 36% stake in WIG for £75m
7th Apr 2016 07:50
(ShareCast News) - 3i Infrastructure said it was investing £75m to take a 36% stake in Scotland's Wireless Infrastructure Group. WIG is an independent communications infrastructure provider headquartered in Bellshill, Scotland that builds and operates communication towers in rural and suburban areas
Read moreFinancial year ends strong for 3i Infrastructure
31st Mar 2016 08:04
(ShareCast News) - Investing company 3i Infrastructure ended its financial year on a high, reporting solid growth in portfolio income on Thursday, for the 13 weeks to 30 March. The FTSE 250 firm said its portfolio was performing well both operationally and financially, generating portfolio income of
Read morePositive outlook for 3i Infrastructure
29th Sep 2015 08:04
(ShareCast News) - Three new investments and proposed regulation changes are being seen as positive news for 3i Infrastructure. The FTSE 250 listed investment company posted a trading update ahead of its half-year close on Tuesday and highlighted that the value of Elenia at 30 September is expected
Read morePerrigo rejects Mylan offer on undervaluation and 'troubling' corporate governance
17th Sep 2015 12:07
(ShareCast News) - Ireland-based drug maker Perrigo has again rejected generic rival Mylan's unsolicited takeover offer, citing worries about "negative pressures" facing its suitor's shares as well as its "troubling" corporate governance. NYSE-listed Perrigo said its board had unanimously rebuffed t
Read more3i Infrastructure invests in West of Duddon Sands project
21st Aug 2015 08:57
(ShareCast News) - 3i Infrastructure has reached a deal to take a 50% holding in the West of Duddon Sands Offshore Transmission Owner from Dong Energy and Scottish Power Renewables for a £23m investment. The remaining equity in the project will be acquired by Macquarie Capital. 3i said the consorti
Read moreSunday newspaper round-up: PPI mark II, RBS share sale, Shire, Dixons
9th Aug 2015 19:02
(ShareCast News) - UK banks have begun to prepare for a fresh multi-billion-pound wave of further compensation for mis-selling payment-protection insurance (PPI). City watchdog the Financial Conduct Authority (FCA) is poised to deliver its verdict on a new potential PPI scandal, sparked by a Supreme
Read moreRBC retains 'outperform' rating for 3i infrastructure, upbeat about acquisition
7th Jul 2015 09:30
RBC Capital has retained an 'outperform' rating and its price target for 3i Infrastructure, and said its new acquisition was promising. The deal, which was subject to regulatory clearance, would see 3i have a 50% stake in ESGVAGT with AMP Capital. Researchers at RBC said 3i's investment in the Dut
Read more3i Infrastructure to buy stake in rescue operator ESVAGT
7th Jul 2015 07:59
Investment firm 3i infrastructure announced on Tuesday it would pay £109m for a 50% stake in Danish company ESVAGT. AMP Capital has agreed to buy the other half of the emergency rescue company from Maersk Group. The deal was pending clearance from the European Commission under merger regulations.
Read more3i infrastructure updates return target following sale of Eversholt Rail, full-year profits jump
12th May 2015 08:28
Investment company 3i Infrastructure said the sale of the freight rolling Eversholt Rail helped its full-year returns to increase at its highest level since its initial public offering (IPO) in 2007. Total return increased by 24.6% to £267m, which the company said was driven by the sale of Eversholt
Read more3i Infrastructure 'on track' to meet dividend target for the year
31st Mar 2015 10:07
Investment group 3i Infrastructure said it was on track to meet its annual dividend target, after its portfolio performed well in the fourth quarter. The FTSE 250 group, which targeted an annual return of 10% and annual distribution of yield of 5.5% of opening assets, said it expected its total retu
Read moreLondon pre-open: Flat start expected ahead of Eurogroup meeting on Greece
20th Feb 2015 07:59
Uncertainty surrounding pivotal talks about Greece was likely to keep investors cautious on Friday, with no change expected for UK stocks expected early on. City sources predict the FTSE 100 will broadly flat on Thursday's close of 6,888.90. The Eurogroup is set to meet in Brussels to discuss Greec
Read more3i Infrastructure generates exceptional return but warns "challenges" continue
28th Jan 2015 09:16
Investment trust 3i Infrastructure said it continued to perform well during the last quarter after selling its major UK rolling stock investment, but warned the continued rise in infrastructure prices made it ever more challenging to find new investment opportunities. The group generated portfolio i
Read more3i Infrastructure sells Eversholt Rail stake to Hong Kong for healthy premium
20th Jan 2015 10:34
3i Infrastructure has agreed to sell its entire stake in major UK passenger and freight rolling stock owner Eversholt Rail for £358m to a Hong Kong infrastructure investor. The FTSE 250 investment trust bought Eversholt, which owns 28% of the current UK passenger train fleet, in 2010 as part of a c
Read more3i Infrastructure plc announces investment in La Sante PPP project
14th Nov 2014 10:08
3i Infrastructure plc has committed to invest €11.7m to acquire an 80% holding in the La Santé Prison project in Paris. The Public Private Partnership (PPP) includes the design, build, refurbishment, finance and maintenance of various building for La Santé, the Paris prison. Once construction is
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