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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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JP Morgan sole bookrunner on first jumbo block in a month
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The billionaire's investment in the Spanish infrastructure firm returned 85%
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Bank of America estimates L'Oréal paid €4.4bn for Galderma stake increase
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Cosmetics company has produced $12bn of block trades since 2024 IPO
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Deal is latest in steady flow of block trades this week