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Monday evening sale is latest block trade
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
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Booming metal prices could bring more equity deals
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International tension has propelled valuations in the sector up, tempting issuers
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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%