Eurazeo block fails to clear after late launch in Paris
A block trade in Eurazeo, the French private equity firm, was sold on Thursday night but not covered, with banks bemoaning a late launch of the trade.
Citi and Credit Suisse were bookrunners on the €224m transaction of 3.5m shares, sold by French investment house Tikehau Capital. Nomura was financial advisor to Tikehau.
The underwritten deal was launched at 6:43pm Paris time following an auction, with a range of €64 a share ...Please take a trial or subscribe to access this content.
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