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Corrected: 3i Faces Creditor Buy-Out Of VNU Business Media Europe: Report

Jan 28, 2009 5:22 AM

Creditors could be set to stage a take-over of B2B publisher VNU Business Media Europe from owner 3i, according to Times Online, after the private equity group revealed (via interim management update) its top 50 investments have lost £681 million or 21 percent of their combined value and are now…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, 3i, vnu business media europe

Luxury Shopping Community BuyVIP Funded By Bertelsmann

Jul 9, 2008 6:58 AM

Two-year-old German, Spanish and Italian luxury shopping community BuyVIP has received a further round of investment of an undisclosed size from Bertelsmann Digital Media Investments, 3i and Molins Capital Inversión. The site retails branded fashion, got a €7 million round last year from backers including 3i and claimed €12 million…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Germany, 3i, bertelsmann digital media investments, buyvip, molins capital inversion

3i To Leave Early Stage Venture Capital; Focus On Digital Media/Telecom PE Among Others

Feb 20, 2008 12:23 PM

Not that this was a surprise to anyone watching the firm: 3i, the UK VC and buyouts house, is moving away from investing in early-stage companies as part of a reorg, and will merge its VC unit with its growth capital unit, reports PEHub. It will now be concentrating its…

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Posted In: Money, M&A & Venture Capital, Venture Capital, 3i

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