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Naturgy and Zurich fall in secondary market after jumbo blocks
Capital raise and investor selldown follow €3bn raise by Engie on Friday evening
UKPN purchase seen as positive by rating agencies, leads to senior and hybrid upgrades
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Montana Tech Components has monetised a small chunk of its stake in Varta AG, the German micro battery maker, ahead of the company’s inclusion in the MDAX, Germany’s midcap benchmark index.
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Peter Lammer and Jan Hruska, the co-founders of UK cybersecurity company Sophos Group, have sold the last of their stock in the company before it is due to be acquired by US private equity fund Thoma Bravo next year.
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Investors piled into the blocks market on Tuesday night in a rare accelerated trade in Flughafen Zurich AG, the owner and operator of Zurich airport.
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The Kingdom of Norway has sold a chunk of its stake in Entra, the Norwegian real estate development company, via an accelerated bookbuild that attracted more than 200 orders, according to a source close to the transaction.
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Cerberus Capital Management has sold the last of its stake in Austrian bank Bawag, its second trade in two months following an earlier sale in November.
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Senior managers and former employees of Future plc, one of the best performing companies on the London stockmarket, have sold £43.7m of stock in the company, via an accelerated bookbuild.