BNP Paribas, Société Générale sell 6.3% of Euronext

By Aidan Gregory
14 Jun 2017

BNP Paribas and Société Générale sold a chunk of their holding in Euronext, the European stock exchange operator, through an accelerated bookbuild on Tuesday night.

The block trade, for 4.4m shares, a 6.3% stake in Euronext, was led by the sellers’ own investment banks. Before launch, the leads did not conduct any wallcrossing, and the deal was covered 30 minutes after it was launched without a price range.

“It was so hot, you ...

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