Blocks momentum to build as banks push trades before year-end
A number of block trades were priced this week as the EMEA equity capital markets ground towards the end of the year. While some banks had expected the week to be busier, the last five days have proven the market is still well and truly open for new business.
On Thursday night, trades in Norwegian bank Sparebanken Vest and UK games developer Team 17 were sold to the market.
These followed deals in Finnish housing company Kojamo and UK software firm Sophos Group.An active night of accelerated trades means that as of Friday morning, there has ...