Bankia's Iberdrola sale latest to be hit by souring sentiment as deals flop

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Bankia's Iberdrola sale latest to be hit by souring sentiment as deals flop

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Blocks went uncovered and IPOs were pulled this week amid the first real glimpse of negative sentiment this year. Even one of the most anticipated deals of the year — Bankia’s sale of all of its Iberdrola’s shares — was hit by the worries.

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