3i Group Share Price: Why Action’s U.S. Push Has Investors Watching May Results
3i Group managed to rebound ahead of London’s Easter break, ending April 2 up 3.99% at 2,687 pence. With the London Stock Exchange shuttered for Good Friday and Easter Monday, Thursday’s finish remained the reference point for sentiment. Investors are busy rethinking Action’s value ahead of 3i’s annual results on May 14. As of December 31, 3i held a 62.3% stake in Action and reported a diluted net asset value—portfolio value minus liabilities—of 3,017 pence per share. Back in January, Chief Executive Simon Borrows called for another strong year of compounding growth.