Top Section/Ad
Top Section/Ad
Most recent
JP Morgan sole bookrunner on first jumbo block in a month
The billionaire's investment in the Spanish infrastructure firm returned 85%
More articles/Ad
More articles/Ad
More articles
-
The market for European secondary block trades is prospering, with large — and often complex — transactions being easily absorbed by investors in overnight trades. The strength of the business is in sharp contrast to the stuttering IPO market, where deals continue to be postponed or downsized in the face of weak investor demand for new listings. -
Bouygues, the French industrial group, sold its final large block trade in Alstom on Tuesday night in an effective clean-up. Investors jumped at the last chance they had to buy shares in the French rail company from Bouygues.
-
Dometic Group, the Swedish maker of appliances for boats and camper vans, has successfully completed a Skr3.35bn (€331m) M&A financing.
-
The banks that ran the €1.6bn IPO of AUTO1, the online car selling marketplace, waived a lock-up agreement on Tuesday night to allow a group of pre-IPO shareholders to sell a 4.6% stake in the company. The trade could have been controversial given there remains some debate about early lock-up waivers but it was warmly received by investors.
-
An unnamed shareholder has raised HK$2.65bn ($341m) from a sale of shares in Evergrande Property Services Group, sending the stock into a downward spiral on Wednesday.
-
Equity capital markets bankers have showed this week they are happier to underwrite big block trades for clients than they were earlier in the year, a sign of a healthy market for large secondary sales.
