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The 3i Group has sold its third portfolio company in the space of a week ahead of the firm’s hotly anticipated annual general meeting on Friday.

The UK-listed company has sold European rubber component manufacturer Novotema to Axa Private Equity, it was announced today, just days after it announced the sale of a 49% stake in Finnish outdoor clothing brand Halti Oy to Ingman Group.

The listed private equity firm completes three sales in seven days ahead of an eagerly-awaited strategy announcement on Friday

Paul Hodkinson

3i Group

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Crypto hedge funds continue to rally as bitcoin approaches all-time high 

Kirkland & Ellis hires Clifford Chance London fund finance heavyweight

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US legal giant raids Magic Circle law firm in London

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Monzo appoints Mombak’s Tom Oldham as group CFO

The fintech has also appointed Barclays’ Mark Newbery as its UK CFO

Fordham’s geopolitical advisory firm enlists political heavyweights, Citi FX specialist

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The advisory firm has turned to a former senior civil servant and Conservative MP to bolster its business amid heightened geopolitical tensions

The Japanese company is taking a bigger bet on the potential of artificial intelligence as the technology improves and gains momentum.

SoftBank Plans $1.5 Billion Investment in OpenAI

SoftBank Group Plans $1.5 Billion Investment in OpenAI

The luxury carmaker is raising around $264 million from investors as it seeks to stabilize its balance-sheet, and has cut its full-year earnings guidance for the second time in nearly three months.

Aston Martin Issues Another Profit Warning

Aston Martin Raises Cash From Investors, Issues Profit Warning

The food-delivery group said it aims to reduce the administrative burden, complexity and costs associated with its London listing, as it joins a growing list of companies leaving the U.K. bourse.

Just Eat Takeaway to Delist From London Stock Exchange

Just Eat Takeaway.com to Delist From London Stock Exchange

Kevin Hassett has been named to lead the National Economic Council, while Jamieson Greer has been selected as the U.S. trade representative.

Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

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3i in selling spree

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