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3i is selling its 51% stake in Aberdeen-based Specialised Petroleum Services (SPS) Group, a provider of wellbore clean-up products and services for the oil and gas industry, to M-I Swaco. SPS’s founder and other shareholders are also exiting at this time. The purchase price for the entire company is approximately US$165m. 3i has been a […]
Climate Change Capital, the renewable energy investor, has closed two more venture capital trusts following the launch of Ventus VCT in 2005. Ventus 2 VCT and Ventus 3 VCT were both launched in January 2006 and closed on May 31 with £22.3m of subscriptions, giving the Ventus funds over £37m under management and making them […]
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