• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

3i has found new investors for Action chain store

14th November 2019

3i has found new investors for Action chain store Pin It

The British investor 3i has found new investors for a shareholding in discount chain Action. The picking of shares was in the hands of the Eurofund V fund, managed by 3i. That fund ended and a number of investors wanted to cash in on their return. Other investors wanted to continue.

The 33 percent stake is now placed in a new fund, also managed by 3i, which also includes new investors. The transaction depends on Action for a price tag of 10.2 billion euros. This has doubled the value of the chain in just two years.

3i reportedly owns 80 percent of the Action shares. Part of it is therefore housed in a private fund managed by 3i, but with money from external capital providers.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Spanish fruit and vegetable…

In Domestic Affairs

Spanish fruit and vegetable exporters concerned about association agreement between Morocco and UK

View Post

Next Post

ArcelorMittal cleared to acquire Essar…

In Foreign Affairs

ArcelorMittal cleared to acquire Essar Steel

View Post

In Money Matters

Just Eat Takeaway may become active in the grocery delivery market

View Post

In Money Matters

EasyJet operated at 14 percent capacity in the last six months

View Post

In Money Matters

Royal Shell asked shareholders for opinion on the ‘green plan’

View Post

In Money Matters

Dutch company acquires Sentinel Performance Solutions

View Post

Newsletter

Latest News

View

Brexit causes a massive HR re-distribution among financial specialists

18th April 2021

View

Jack Ma considers divestment from ANT Group

18th April 2021

View

Europeans are concerned about personal data use in GB

16th April 2021

View

EU and UK remain committed to resolve the trade issues

16th April 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]