3i Infra lifted by Eversholt
3rd Feb 2011 08:14
Infrastructure investor 3i Infrastructure returned portfolio income of £23.8m in the quarter to December. That figure includes an exceptional income receipt from rail railing stock firm Eversholt of £6.8m. Portfolio income for the 9 months to 31 December 2010 totalled £54.3m. "The portfolio cont
Read moreWeekend tips round-up: 3i Infra, De La Rue
30th Jan 2011 11:40
3i Infrastructure shares are trading at 114.5p and the company is expected to pay a dividend of 5.9p for the year to March 2011, up from 5.5p last year. The firm owns assets such as Anglian Water, the Norfolk and Norwich University Hospital and a string of schools in the Highlands and a 20% stake
Read moreWednesday tips round-up: Betfair, Go-Ahead, Imagination Technologies...
15th Dec 2010 06:46
After racing to the front of the pack with its autumn flotation, Betfair was all but pulled up lame yesterday. The betting exchange's shares took a hammering as its first set of a results as a quoted company missed City forecasts. Broker concern about the decline in horse-racing revenues in the sec
Read moreHSBC's £2.1bn rolling stock disposal
4th Nov 2010 17:47
HSBC is selling Eversholt Rail Group for £2.1bn to a group of investment funds. The sale price is slightly higher than the book value of the assets. Eversholt is one of the UK's main rolling stock companies. It provides 29% of the UK's rail rolling stock to passenger and freight markets. The train
Read more3i Infrastructure poised to deliver strong yield
28th Sep 2010 07:53
Specialist infrastructure investor group 3i Infrastructure said its portfolio is performing well and is positioned to deliver a strong yield. In the group's pre-close update from 1 April to 27 September 3i said movements in net asset value in the period will be influenced, among other factors, by t
Read more3i Infra portfolio performs well
11th Aug 2010 07:46
Specialist infrastructure investor group 3i Infrastructure said the assets in its portfolio continue to perform well operationally and financially, generating good income. Dividends and interest received in the first quarter to 30 June resulted in a cash inflow of £15.2m. At 10 August, the company
Read moreIntercity Trains In GBP1.7Bln Sell-Off- Newspaper
11th Jul 2010 12:51
LONDON (Dow Jones)--A consortium of City investors is close to seizing control of a third of Britain's trains for about GBP1.7 billion, said U.K. newspaper The Times on Sunday citing sources close to the situation. The investors, 3i Infrastructure PLC (3IN.LN), Morgan Stanley Infrastructure and
Read more2nd UPDATE: 3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 09:10
(Adds analyst comment.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well des
Read moreUPDATE: 3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 08:31
(Adds comment, detail.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well de
Read more3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 07:34
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well despite uncertain markets.
Read moreConsortium Closes In On HSBC Train Unit - Sources
28th Jun 2010 15:51
By Jessica Hodgson, Carol Dean and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--A consortium consisting of Morgan Stanley's (MS) infrastructure fund, 3i Group's infrastructure fund (3IN.LN) and private equity fund Star Capital is the sole consortium conducting due diligence for
Read more2nd UPDATE: UK To Sell High-Speed Rail Rights To Raise Cash
21st Jun 2010 18:28
(Adds detail.) By Kaveri Niththyananthan, Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Monday said it is putting up for sale the rights to operate the country's first high-speed rail line as it tries to raise money to fill a gaping
Read moreUPDATE: UK To Sell High-Speed Rail Rights To Raise Cash
21st Jun 2010 17:06
(Adds detail.) By Kaveri Niththyananthan, Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Monday said it is putting up for sale the rights to operate the country's first high-speed rail line as it tries to raise money to fill a gaping
Read moreFriday tips round-up: BP, Diageo, Tomkins
7th May 2010 06:54
Is BP going to go bankrupt? That is the question for investors and putative investors to answer. Certainly the immediate outlook is bad. The fatal explosion and subsequent sinking of the Deepwater Horizon rig in the Gulf of Mexico two weeks ago is an unmitigated disaster. But chief executive Tony H
Read moreLondon afternoon: Into the red
29th Mar 2010 14:23
All of Footsie's early gains have now been pulled back despite futures pointing to a decent start on Wall Street. Banks are dragging the index lower with losses now for both state-controlled banks, Lloyds and Royal Bank of Scotland. Vodafone is higher on reports over the weekend it is in talks a
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