3i, the private equity and debt management firm made a loss of £523m during the six months to September but in an effort to head off shareholder rage the board has more than doubled the dividend to 8.1p, up from 3.6p.
3i makes no effort to disguise the difficulties it has faced in the past half year, with Chief Executive Michael Queen commenting on the results: "We have not been immune to the broader market turmoil and the challenging environment has had a direct impact on our results."
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