Last checked at 10 May 2024 09:52
LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
3i Group Share News (III)
III Share
Price
III Share
News
III Share
Chat
III Share
Trades4,544
III
Live RNS
III Share
Charts
III Level 2
Console
III Live
Share Price
III Broker
Ratings
III Directors
Deals
III Financial
Diary
III
Fundamentals
III Short
Positions
III
Media
3i Group Information
Share Price Information for 3i Group (III)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
2,851.00
Bid:
2,853.00
Ask:
2,855.00
Change:
31.00 (1.10%)
Spread:
2.00 (0.07%)
Open:
2,831.00
High:
2,864.00
Low:
2,797.00
Prev. Close:
2,820.00
Last checked at -
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.
Find out MoreWatchlists are a member only feature
Login to your account
Don't have an account? Click here to register.INTERVIEW: Bureau Veritas: 3-5 Yrs To Up Inspectorate Margin
Tue, 22nd Jun 2010 10:15
By Ambroise Ecorcheville Of DOW JONES NEWSWIRES PARIS (Dow Jones)--Certification services company Bureau Veritas (BVI.FR) said Tuesday it has bought U.K. peer Inspectorate for GBP540 million, and plans to improve its operating margin in three-to-five years, bringing it to the parent company's level. The acquisition of Inspectorate, from U.K. company Inspicio which is majority-owned by private equity firm 3i (III.LN) and funds managed by 3i, will transform Bureau Veritas into one of the world leaders in commodities testing and inspection. It will employ 46,000 people in more than 140 countries. The transaction is expected to be completed during the third quarter, on clearance from the relevant competition authorities, Bureau Veritas said. If the acquisition is approved, the group's revenue will increase to around EUR3 billion, the company said, without providing further financial details. In 2009, Inspectorate posted revenue of EUR280 million, with a 7% increase in organic growth. Bureau Veritas expects its net debt to rise to twice its earnings before interest, tax, depreciation and amortization, or Ebitda, following the acquisition. It also forecasts a full-year accretive impact of about 3% in 2010 and 4% in 2011, excluding synergies. The transaction will allow for commercial and costs synergies the group didn't detail so far. "Inspectorate is for now less profitable than Bureau Veritas," Bureau Veritas Chairman and Chief Executive Frank Piedelievre said, as its operating margin is currently between 10% to 11%, while Bureau Veritas' operating ùargin stands at around 16%. Consolidating Inspectorate will consequently lower Bureau Veritas' operating margin this year, Piedelievre noted. The group could still make further small acquisitions this year and will have room for manoeuver for more possible buys next year, Piedelievre told Dow Jones Newswires. - By Ambroise Ecorcheville; +33 1 40171740; ambroise.ecorcheville@dowjones.com (END) Dow Jones Newswires June 22, 2010 05:15 ET (09:15 GMT)
More News
10 May 2024 07:56
LONDON BRIEFING: FTSE 100 called up on BoE hold and UK economic growth
(Alliance News) - Stocks in London are set to open up on Friday after a dovish Bank of England interest rates hold on Thursday.
Read more9 May 2024 17:33
London's FTSE 100 hits record for fourth session after BoE signals rate cuts
FTSE 100 up 0.3%, FTSE 250 adds 0.2%
*Read more9 May 2024 15:21
London close: Stocks manage gains as BoE holds rates
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read more9 May 2024 10:00
TOP NEWS: 3i NAV increase driven by compelling growth story at Action
(Alliance News) - 3i Group PLC on Thursday boosted its dividend, despite a drop in profits, after an "excellent" performance from retailer Action.
Read more9 May 2024 09:11
LONDON MARKET OPEN: Stocks muted pre-BoE interest rate decision
(Alliance News) - Stock prices in London opened muted on Thursday, ahead of the latest interest rate decision from the Bank of England.
Read more9 May 2024 08:00
LONDON BRIEFING: Stocks called up ahead of BoE interest rate decision
(Alliance News) - Stocks in London are set to open up on Thursday, ahead of the latest interest rate decision from the Bank of England.
Read more9 May 2024 07:22
3i Group reports 'strong' results in challenging year
(Sharecast News) - 3i Group reported a 'strong' set of results in what it described as a challenging year on Thursday, with a total return of £3.84bn, representing a 23% return on opening shareholders' funds.
Read more8 May 2024 14:35
Thursday preview: Bank of England, China trade data in the spotlight
(Sharecast News) - The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner rather than later.
Read more8 May 2024 09:39
LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more3 May 2024 09:14
LONDON BROKER RATINGS: Jefferies cuts AJ Bell; Deutsche likes ConvaTec
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more2 May 2024 09:48
LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more26 Mar 2024 09:40
LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more25 Mar 2024 10:19
LONDON BROKER RATINGS: SocGen raises Sage; Numis cuts Virgin Money
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more21 Mar 2024 12:19
LONDON MARKET MIDDAY: Stocks boosted as BoE keeps rates unchanged
(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England left interest rates unchanged, in a vote which remained split.
Read more