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