3i Group sticks to dividend plans, profit slips to a third of last year
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(Reuters) - 3i Group Plc stuck to its plan to pay a 2020 dividend on Thursday after saying returns from its private equity business fell to just a third of those a year ago due to a slump in the value of its investments in travel, retail and automotive businesses in March's global market selloff."For 3i and many other businesses, the next 12 to 24 months will be among the most challenging periods historically in which to operate a business and generate a return," the investment management..