No New Scottish Investments for 3i Outside Oil-Gas

The HeraldMay 12, 2006

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Summary


PRIVATE equity giant 3i said it had not added any new firms to its portfolio of investments in Scotland outside the oil and gas sector in the last financial year, when it made big profits on the sale of several Scottish holdings.

However, Graeme Sword, who heads 3i's oil and gas team in Aberdeen, insisted it remained keen to do deals in the country, as it prepared to increase investment activity in the current year.

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Extract


No New Scottish Investments for 3i Outside Oil-Gas

Although 3i closed its Glasgow and Edinburgh offices in recent years, Sword said specialists who used to work in ...

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