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EquityABBs-Block Trades

No concern yet over EMEA blocks market despite poor aftermarket for Senvion trade

Shares in Senvion, the German maker of wind turbines, are down 5% since the company raised €62.5m via an accelerated bookbuild last week. But the disappointing aftermarket performance is idiosyncratic to the stock, according to a source close to the trade, rather than a symptom of deteriorating sentiment in the blocks market.

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