3i Defends Strategy As Activist Investor Adds To Stake
Bramson's New York-based Sherborne Investors Management LP ratcheted up its 3i ownership to 4.2 percent, piling onto the 1.6 percent interest the investor acquired alongside broker Jefferies International Ltd. through the course of January, according to 3i.
The activist investor is now 3i's third-largest shareholder. Based...
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