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Investor 3i to Write Down DNS:NET Amidst German Altnets’ Fundraising Struggles
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3i Infrastructure hit by £212m DNS:NET write-down
Shares in 3i Infrastructure (3IN) fell nearly 6% after the £3.4bn top performer in its sector shocked investors with news of an impending write-down of its £212m investment in German telecom provider DNS:NET. The company said its full-year valuation for 31 March would likely include the write-off of the position in DNS:NET, which was investing […]
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