Shares in 3i (III) rallied 11.5% to £35.10 after the private equity giant said that sales at discount non-food retailer Action, by far its biggest investment, have recovered from an Autumn slowdown that had investors worried. Share price: £35.10 PE: 5.2 Market cap: £31.05bn Yield: 2.7% Consumer caution in France impacted the Dutch discounter’s performance … Continue reading 3i rallies as Action’s French recovery restores confidence