Top Section/Ad
Top Section/Ad
Most recent
Sfr4.9bn trade is largest European ECM deal since National Grid’s £7bn rights issue in 2024
Offer came as markets recovered and volatility fell
Naturgy and Zurich fall in secondary market after jumbo blocks
More articles/Ad
More articles/Ad
More articles
-
The market for equity block trades in EMEA has lost some of its shine, with volumes down on last year, and a string of failed trades. This poor performance is in stark contrast to a resurgent IPO market, which in the last two weeks has generated strong returns for investors. -
WuXi Biologics’ controlling shareholder has raised HK$3.96bn ($504.6m) after selling a block of shares in the company.
-
A sell down in India’s ICICI Prudential Life Insurance by its parent, worth up to Rp11.2bn ($164.8m), has been warmly embraced by institutional investors.
-
Credit Suisse found itself long of stock in Neste Corp, the Finnish oil refiner, after an €861m sale of shares by the Finnish government on Tuesday night. The failed block trade has prompted equity capital markets bankers to ask whether the market has become much more unforgiving this year, writes Aidan Gregory.
-
A €861m selldown of shares in Finnish oil refiner Neste Corp by the government of Finland on Tuesday night failed to clear, leaving the bookrunner holding a residual position.
-
Solidium, the investment company owned by the government of Finland, has sold a chunk of its stake in Stora Enso, the Finnish maker of pulp and paper, via a block trade that was multiple times oversubscribed, according to a banker involved in the deal.
