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3i Group warns of Covid-19 hit to retail and travel holdings

Private equity firm's CEO says it has plenty of firepower to look after the group and its portfolio companies if necessary

UK-listed private equity group 3i is expecting a number of its portfolio companies in the retail and travel sectors to be negatively impacted by the coronavirus pandemic.

The most vulnerable companies it is invested in are discount retailer Action, furniture store BoConcept, Dutch opticians Hans Anders in the retail sector; and tour operator Audley Travel and ICE in the travel sector.

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