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Pin to quick picks3i Group Share News (III)

Share Price Information for 3i Group (III)

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Share Price: 2,883.00
Bid: 2,882.00
Ask: 2,884.00
Change: 41.00 (1.44%)
Spread: 2.00 (0.069%)
Open: 2,853.00
High: 2,888.00
Low: 2,846.00
Prev. Close: 2,842.00
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3i Group is an Investment Trust

To provide its shareholders with quoted access to private equity and infrastructure returns, its main focus is on making quoted and unquoted equity and/ or debt investments in businesses and funds in Europe, Asia and the Americas.

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Asia Private Equity Weekly News, February 18, 2013

Mon, 18th Feb 2013 01:59

HONG KONG, Feb 18 (Reuters) - News and developments in Asiaprivate equity from Reuters News for the week ending Feb. 15.

FEBRUARY 15

CARLYLE GROUP is launching an initial public offeringfor automotive industry systems supplier Broadleaf of as much as23.3 billion yen ($248.37 million), IFR reported.Carlyle-related funds will offload 16.48 million shares to raise17.8 billion yen.

FEBRUARY 14

JAPANESE BREWER Asahi Group Holdings Ltd is suingPacific Equity Partners and Unitas Capital Pte Ltd, allegingthey inflated the earnings of the Independent Liquor business itbought in 2011 for NZ$1.5 billion ($1.3 billion).

FEBRUARY 12

PRIVATE EQUITY firm Apax Partners LLP sold half its stake inApollo Hospitals Enterprise Ltd, India's largesthospital chain, to Oppenheimer Funds Inc for about 5.23 billionrupees ($97 million).

FEBRUARY 8

CITIC PRIVATE Equity has agreed a deal to take privateChinese biotechnology firm 3SBio for about $340million.

THE GLOBAL real estate fund of Morgan Stanley is intalks with the Wadhwa Group to invest 9 billion to 10 billionrupees ($168-$186 million) in an office development in India'sfinancial capital of Mumbai, three sources familiar with thematter told Reuters.

INTERVIEW-PT Lippo Karawaci may split off itshospital division into a separate unit to prepare for an IPO ora strategic investment, its top executive said, as Indonesia'sbiggest property firm by market value seeks funds to expand inthe growing healthcare industry.

FEBRUARY 7

A $2.1 BILLION share auction in Indian state-run powerutility NTPC Ltd was fully covered, taking thegovernment closer to its target of raising money through stakesales in state enterprises to lower its fiscal deficit.

FISKER AUTOMOTIVE Inc, the green-car startup that is seekinginvestors and partners to cut costs, hopes to launch itsbusiness in China in May, said Henrik Fisker, executive chairmanand cofounder.

U.S. PRIVATE equity firm Blackstone Group, along withtwo other companies, have agreed to buy a business park in southIndia for 19.5 billion rupees ($367 million), two sources withdirect knowledge told Reuters.

FEBRUARY 6

HONG KONG-based private equity firm Headland CapitalPartners said it has entered into a partnership with thefounding Pang family of Mamee-Double Decker Bhd, one ofMalaysia's largest domestic food and beverages makers.

CHINA RESOURCES Capital, the financial services arm of ChinaResources Holdings, said it has raised a RMB956 million yuan($153.4 million) fund, and will co-invest with China Vanke in a residential development project in Shanghai.

FEBRUARY 5

THAILAND'S TOP retailer, unlisted Central Group, said it wasin talks to buy four or five assets worldwide including adepartment store in Indonesia.

SINGAPORE'S STATE investor Temasek Holdings willindirectly buy a 26.1 percent stake in Indonesia's secondbiggest hypermarket-chain operator worth $300 million via PTMultipolar, as it aims to tap growing consumer demandin Indonesia.

EMERGING MARKET private equity funds in 2012 had their bestyear for raising capital since 2008, pulling in $40.3 billion,although the amount of money committed to investment dropped asless flowed into sector juggernauts China and India.

SINGAPORE-BASED private equity firm Asia Growth CapitalAdvisors (AGCA), which spun out of Credit Suisse Private Equity Asia in 2010, has acquired a portfolio of assetsfrom its former parent, backed by HarbourVest Partners and AxiomAsia, according to a statement from AGCA.

FEBRUARY 4

PHILIPPINE LONG Distance Telephone Co said it willsell a majority stake in its business process outsourcing unitto private equity firm CVC Capital Partners Ltd - adeal that underlines rising interest in the Philippines as aninvestment destination.

THE CLOSELY guarded performance of some top-tier venturecapital funds in which the University of California invested aportion of its $10.65 billion endowment must become public, ajudge said.

FEBRUARY 3

TPG CAPITAL and Affinity Equity Partners refinancedpart of the leveraged debt at Singapore's United Test & AssemblyCenter Ltd, a deal Reuters first reported in October, through a$625 million bond and $125 million revolving credit, Basis Pointreported.

BARING PRIVATE Equity Asia sold its entire position of 10.83million shares in Taiwan-listed pneumatic machinery maker andsupplier Airtac International for NT$1.88 billion (US$63.6million), IFR reported.

BRITISH PRIVATE equity group 3i Group Plc said itshead of Asia operations Anil Ahuja and a senior India executivewill be leaving the company and named Samir Palod as head of theIndia team.

AUSTRALIAN BUYOUT firm Quadrant Private Equity said it isactively considering an initial public offering of its VirtusHealth in vitro fertilisation business, the largest IVF group inthe Asia-Pacific region.

BLACKSTONE GROUP, the U.S.-based asset manager, said it hadacquired a controlling stake in two seaplane operators based inthe Maldives.

PUMA ENERGY has agreed to buy independent Australian fueldistributor and retailer Ausfuel from private equity firm ArcherCapital, the companies said, in a deal media reported could beworth up to A$650 million ($676 million). ($1 = 93.8100 Japanese yen)($1 = 29.5395 Taiwan dollars)

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31 May 2023 07:58

LONDON BRIEFING: Prudential CFO leaves over code of conduct breach

(Alliance News) - Stocks in London were called to open down on Wednesday, as the US government edges closer to its debt ceiling deadline and after some weak manufacturing data in China.

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12 May 2023 15:09

DIRECTOR DEALINGS: JD Wetherspoon CEO sells shares for GBP140,423

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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11 May 2023 09:20

TOP NEWS: 3i Group hails double-digit jump in annual net asset value

(Alliance News) - 3i Group PLC on Thursday lifted its annual dividend and reported a net asset value hike.

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11 May 2023 08:08

3i Group performs well thanks to value and infrastructure assets

(Sharecast News) - Investment company 3i Group reported a total return of £4.59bn in its full-year results on Thursday, representing a 36% increase on opening shareholders' funds compared to the prior year's figure of £4.01bn, which itself saw a higher growth rate of 44%.

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5 May 2023 10:06

LONDON BROKER RATINGS: Redburn cuts Flutter; Stifel likes IMI

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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4 May 2023 16:11

UK earnings, trading statements calendar - next 7 days

Friday 5 May 
Eqtec PLCFull Year Results
InterContinental Hotels Group PLCTrading Statement
International Consolidated Airlines Group SAQ1 Results
Monday 8 May 
no events scheduled 
Tuesday 9 May 
Kosmos Energy LtdQ1 Results
Tialis Essential IT PLCFull Year Results
Treatt PLCHalf Year Results
Wednesday 10 May 
Anexo Group PLCFull Year Results
Asos PLCHalf Year Results
Compass Group PLCHalf Year Results
Directa Plus PLCFull Year Results
Georgia Capital PLCQ1 Results
MaxCyte IncQ1 Results
Spirax-Sarco Engineering PLCTrading Statement
Valeura Energy IncQ1 Results
Vertu Motors PLCFull Year Results
Thursday 11 May 
3i Group PLCFull Year Results
Airtel Africa PLCFull Year Results
Eurocell PLCTrading Statement
Grainger PLCHalf Year Results
ITV PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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23 Mar 2023 12:23

LONDON MARKET MIDDAY: Bank of England lifts rates by 25 basis points

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, raised UK interest rates by 25 basis points on Thursday, as widely expected, and indicated that further tightening in monetary policy may be required.

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23 Mar 2023 09:27

3i portfolio firm Action posts sales growth in first 11 weeks of 2023

(Alliance News) - 3i Group PLC on Thursday said in an update its portfolio company Action has seen a strong start to 2023.

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23 Mar 2023 07:56

LONDON BRIEFING: Stocks called down ahead of UK interest rate decision

(Alliance News) - Stocks in London were set to open lower on Thursday as market attention turned to the Bank of England's interest rate decision, due at midday, a day after the US Federal Reserve lifted US rates by 25 basis points.

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9 Mar 2023 12:55

ICG, 3i battling to take control of Direct Ferries - report

(Sharecast News) - Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line.

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6 Feb 2023 22:15

IN BRIEF: 3i Group Chair Hutchison buys GBP230,000 in shares

3i Group PLC - London-based private equity and venture capital company - Says that Non-Executive Chair David Hutchison bought 14,075 shares at a price of GBP16.345 per share on Monday. The transaction was worth GBP230,055 in total. Hutchison's stake following the purchase was not stated.

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27 Jan 2023 09:29

LONDON BROKER RATINGS: JPMorgan raises 888; Peel Hunt cuts Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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26 Jan 2023 17:23

London stocks gain on financials boost, 3i Group jumps

3i Group tops FTSE 100 on quarterly update

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26 Jan 2023 17:08

LONDON MARKET CLOSE: Stocks up as US data boosts soft landing hopes

(Alliance News) - Stocks in London were higher at the close on Thursday following the release of improved economic data out of the US which suggested the world's largest economy may avoid an imminent recession.

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26 Jan 2023 16:58

London close: Modest gains for stocks after Q4 US GDP data

(Sharecast News) - London stocks were modestly higher on Thursday amid well-received updates from the likes of 3i or Intermediate Capital Group.

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