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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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Bank of America estimates L'Oréal paid €4.4bn for Galderma stake increase -
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
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Royal Mail owner Křetínský becomes supermarket chain's largest shareholder
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Swissquote shareholders sell Sfr240m stake
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