Potential buyers circle 3i

Private equity firm 3i is being circled by a number of potential buyers after a slowdown in raising money to fund investments, it was reported today.

Potential buyers circle 3i
Sun, 09 May, 2004 - 13:22

Private equity firm 3i is being circled by a number of potential buyers after a slowdown in raising money to fund investments, it was reported today.

Among those thought to be looking at a £5b €7.5bn) takeover are American banks Goldman Sachs and Credit Suisse First Boston plus US venture capitalists Kohlberg Kravis Roberts and Blackstone Group.

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