3i makes offer for Barclays infra unit

3i Group has made an irrevocable offer to the UK’s Barclays Bank to acquire Barclays Infrastructure Funds Management (BIFM), the bank’s European infrastructure fund management arm. BIFM has approximately £780 million (€909 million; $1.2 billion) in infrastructure assets under management and investment teams in London and Paris. It is headed by Christopher Elliott (managing director […]