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India

3i Group PLC (III.L)

III.L on London Stock Exchange

831.20GBp
14 Jul 2020
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Thu, May 14 2020

UPDATE 1-3i Group sticks to dividend plans, profit slips to a third of last year

May 14 3i Group Plc stuck to its plan to pay a 2020 dividend on Thursday after saying returns from its private equity business fell to just a third of those a year ago due to a slump in the value of its investments in travel, retail and automotive businesses in March's global market selloff.

3i Group to pay 2020 dividend; profit slips to a third of last year

May 14 3i Group Plc stuck to its plan to pay a 2020 dividend on Thursday after saying profits fell to just a third of those a year ago due to a slump in the value of its private equity investments in travel, retail and automotive businesses in March's global market selloff.

3i expects coronavirus hit to some companies in its portfolio

March 19 Investment manager 3i Group said on Thursday a few companies in its portfolio, especially the retailers and travel service providers, are expected to see at least a short-term impact from the coronavirus outbreak.

BRIEF-3i Group Says At March 31, Expect Cash Balance To Be Around 800 Mln Stg

* AT 31 MARCH 2020, EXPECT CASH BALANCE TO BE C.£800 MILLION BEFORE PAYMENT OF CARRY IN RESPECT OF ACTION LIQUIDITY EVENT DUE IN MAY 2020

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