OHL’s €815m Abertis block lifts ECM hopes, but seller’s debt hit
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Equity

OHL’s €815m Abertis block lifts ECM hopes, but seller’s debt hit

Tuesday night's €815m block trade in Abertis shares for Obrascon Huarte Lain, the Spanish construction company, was a daring reopening of equity issuance after the UK's shock vote to leave the European Union. But despite the deal's success, it has been followed by surprisingly poor trading in OHL's shares and bonds.

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