3i continues with strategic changes

Veteran private equity group 3i claims it is making progress in its quest to become a leaner and meaner investment group.

Veteran private equity group 3i claims it is making progress in its quest to become a leaner and meaner investment group.

"We are making good progress in implementing the strategic changes announced at the end of June to refocus our investment capabilities and reduce the group's cost base," said Simon Borrows, 3i's Chief Executive, in an interim management statement covering the three month period from April to June.

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