• JP Morgan, Goldman lead rare Aeroflot block trade

  

  Another elusive name was traded in the equity blocks market on Tuesday night, when Aeroflot Russian Airlines, Russia’s national carrier, came to market to sell 53.7m treasury shares.

  • 20 Sep 2017

• Sibanye Gold caps off Stillwater refinancing with $450m CB

  Sibanye Gold, the South African gold miner, took the final step towards refinancing its acquisition of US platinum miner Stillwater on Tuesday, when it issued a $450m convertible bond.

  • 19 Sep 2017

• GIMA TT covers €350m IPO after one day

  The €350m IPO of Gima TT, the tobacco packaging machinery division of IMA, is covered at the full deal size including the greenshoe, less than two working days into the bookbuild.

  • 19 Sep 2017

• Femsa serves up rare Heineken liquidity with €2.5bn block trade

  

  Femsa, the Mexican soft drinks and retail company, is selling a €2.5bn chunk of its holding in Heineken, which it acquired in 2010 when the Dutch brewer bought its brewery division.

  • 18 Sep 2017

• Telia brings second $500m Turkcell selldown this year

  On Monday evening, Telia, the Nordic telecoms group, launched another large block trade of shares in Turkcell, the leading mobile phone operator in Turkey.

  • 18 Sep 2017

• French fashion house SMCP tries again for Paris IPO

  

  SMCP, the French fashion group, has filed a document de base with AMF, the French market regulator, paving the way for its flotation on Euronext Paris.

  • 18 Sep 2017

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Recent highlights

• Pirelli’s IPO could be the largest in EMEA this year

  Pirelli, the Italian tyre maker, has revealed the price range for its IPO in Milan, which could surpass the €3bn flotation of Allied Irish Banks in June as the biggest IPO in Europe this year - if the deal is priced near the top of the range and the greenshoe is exercised.

  • 15 Sep 2017

• No end in sight as equity blocks have biggest week of 2017

  The equity block trades market in EMEA finished another strong week for issuance on Thursday, which included three jumbo trades bigger than €1bn, making it the biggest week for block trades in the region this year.

  • 14 Sep 2017

• NLFI sells another €1.5bn of ABN Amro

  Another stellar week for equity block trades in EMEA finished on Thursday night with the launch of a €1.5bn sale of shares in ABN Amro by the Dutch government, making this the biggest week of the year for blocks in EMEA.

  • 14 Sep 2017

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Deals in the pipeline

• Lithium ion battery maker Voltabox seeks Frankfurt IPO
• Good early reception for Equiniti rights issue
• Liberbank shares drop 18% as it unveils €500m recap
• Angry Birds and UK buy-to-let: juicy IPO stories for autumn
• Steinhoff Africa Retail may be worth $6.1bn
• Pirelli IPO offers focus on premium car tyres
• Investors must wait till 2018 for Siemens’ IPO of Healthineers
• Axel Springer, United Internet to float merged marketing unit
• Adnoc mulls IPOs of services units
• Tyre maker Pirelli hits the gas on stockmarket return
• Top shareholders back rights issue for ailing Eltel
• Hot CLO, loan markets prompt GSO/Blackstone loan fund raise
• Russia’s MD Medical mulls share sale and loans to finance new hospitals
• Five set for Saudi Aramco roles, Moelis must share
• German IPOs off to poor start as AlzChem Pulls its €174m deal
• BRF mulls London IPO for halal poultry business
• Petro Rabigh rights issue mandate raises Saudi ECM hopes
• Volvo Cars bags Skr5bn ahead of possible stockmarket return
• Putin, ministers speak on Russian privatisation
• VTB first on the block as Russia embarks on mass state sell-off
• Mærsk shares soar 12% on hopes of break-up
• Ivory Coast change holds up Eranove IPO
• Romania ready to reboot stalled privatisation with Hidroelectrica
• Nykredit to float… in one to two years
• Budapest Bank can float, but no move on IPO yet
• An Aramco IPO could spark a foreign investment surge
• Aramco IPO: ECM world must hope the Saudis move swiftly

Completed deals

• Lone Star sells huge chunk of Neinor tightly
• NLFI’s last €1bn ASR block a blowout that could almost have been priced flat
• Bayer’s third selldown of shares in former unit Covestro raises €1.2bn
• UniCredit, Intesa offload their legacy stakes in France’s Eramet for €169m
• EMEA block trading rumbles on with Ahlsell, TAV sales
• Capital Stage gets cheap equity with first CB
• Qiagen accelerates to bring rare call spread CB before deal rush
• Imperial’s Logista block clears at 5.2% discount
• France sells €1.5bn of Engie to finance innovation fund
• Rush of blocks greets funds after Labor Day
• Dong, VAT trades give windowy blocks season a strong start
• ANA and SBI break long Japan CB drought ahead of busy Sept
• LEG’s €400m 8yr CB shows demand is keen
• Glazer family vehicle offloads a 2% stake in Manchester United for $74m
• Gecina’s €1bn rights issue finishes nearly three times covered
• Switzerland’s Forbo raises Sfr91m from accelerated treasury share sale via CS
• Triple Point Social Housing Reit finishes £200m London IPO
• Foschini’s fast capital increase swells as funds back M&A
• Kettle parts maker Strix floats for £190m on AIM
• Bank Saint Petersburg raises $53m in oversubscribed share sale
• Empiric Student Housing gets £110m of £150m target
• Greencoat ups Irish wind IPO to €270m
• GS alumni’s Supermarket Reit raises £100m
• Ivanhoé Cambridge offloads most of its Gecina rights via tail swallow block trade
• Gecina's €1bn rights issue stands out from summer slowdown
• Polish, UK and US funds back Play in biggest Warsaw IPO for years
• DoBank IPO tempts investors into Italian NPL ‘sweet spot’
• Direct Energie raises €130m in block trade for M&A taking it into renewables
• Residential Secure Income Fund gets £180m for UK social housing investments
• Deutz dives 13% after AB Volvo sells its stake
• Warsaw IPO drama: Raiffeisen pulls, Play quick, GetBack done
• Zur Rose leaps 14% on debut after Swiss, German long-onlies pile in
• Derichebourg family sells 2% stake at top
• Raiffeisen eyes valuation close to book value for Polish arm
• UBI Banca rights issue, Unicaja IPO show funds open to south Europe banks
• Success for Unicaja as float fetches €688m
• Domino's Eurasia owner tumbles 20% after London debut
• Korian enters CB market with funky hybrid
• Investors gobble up Vapiano shares on debut
• Netherlands sells ABN Amro at tighter discount
• Soitec owners sell €124m block after 100% rally
• TBC Bank exit raises £43m for SocGen
• Sagi rolls dice for £318m Playtech block
• General Atlantic sells another chunk of Springer at tight discount
• Success for Ireland as Allied Irish rises 5% after €3bn IPO
• STMicro gets $1.5bn with ‘fairly priced’ CB as market revives
• Apax, others sell down €297m in Altran
• Spanish IPO fiesta continues as Neinor rises on day one
• Medica Group climbs 44% since London IPO
• Segro bags £576m for new ventures