Goldman ups Dong sale to €874m in big week for equity blocks

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By Aidan Gregory, Jon Hay
02 Feb 2017

Europe’s equity block trade market kicked into a higher gear this week, with a rush of deals including big trades in Lonza, Worldpay and Dong Energy. The Dong trade on Thursday night, worth Dkr6.5bn (€874m), pushes the week’s total above €3bn.

Goldman Sachs, whose merchant banking division through a vehicle called New Energy Investment is Dong’s second largest shareholder after the Danish state, came into the market after the close on Thursday for its first sale of Dong stock since the IPO last June.

The block of what was ...

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