Reuters – 3i Focuses on Asset Disposal
British private equity group 3i is to focus on further asset disposals over the coming months, saying that it intends to build on strong progress made in its efforts to restructure the business, Reuters reported. Since shareholder frustration at poor share price performance and weak results from its buyout business forced a change in chief executive last year, the owner of women's fashion retailer Hobbs and Tommee Tippee baby bottle maker Mayborn has been on a drive to reboot its flagging fortunes.
31 January 2013•3 mins read
