Barren blocks market frustrates ECM bankers

European equity markets may have rallied since the start of the year but that is not translating into more equity block trades in the region. Low risk appetite among investors and reluctance among sellers to launch trades at wider discounts are to blame, writes Aidan Gregory.

  • By Aidan Gregory
  • 07 Feb 2019

With many issuers in blackout at the moment, few are able to launch block trades. But that does not wholly explain why the market has been so quiet, except for a few standout trades in Deutsche Wohnen, Befesa, Blue Prism and Takeaway.com.

So far this year, there has ...

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5 SG Corporate & Investment Banking 1,165.08 6 3.58%

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