ABBs/Block Trades

  • Brexit deal would be rocket fuel for UK equities

    Brexit deal would be rocket fuel for UK equities

    The astonishing rally in UK domestic equities in the past week as a Brexit deal with the EU started to look more likely showed how important an orderly exit from the bloc is to the market. If there is more progress towards a deal this week, the little loved sector could be primed for a resurgence in capital markets.

  • 3iN shrugs off Brexit vol to bag strong support for £222.8m trade

    3iN shrugs off Brexit vol to bag strong support for £222.8m trade

    Infrastructure investment business 3i Infrastructure (3iN), which is controlled by private equity firm 3i Group, managed to buck Brexit volatility and place 81m new shares into the market, to fund the pay down of a revolving credit facility linked to acquisition financing.

  • PIK block sold amid Russian resurgence

    PIK block sold amid Russian resurgence

    Equity bankers and investors are hot on Russia and a block on Wednesday night in PIK Group, the country’s largest real estate firm, served as a further example of the remarkable recovery of Russian ECM.

  • Kuala Lumpur Kepong block fetches $158m

    Kuala Lumpur Kepong block fetches $158m

    An undisclosed institutional investor has bagged MR663.6m ($158.5m) from offloading its entire position in Malaysian plantation company Kuala Lumpur Kepong.

  • Scatec Solar raises €132m to expand capacity

    Scatec Solar raises €132m to expand capacity

    Scatec Solar, a Norwegian solar power generator, raised Nkr1.3bn (€132m) of growth capital in a share sale on Tuesday evening amid rising investor demand for renewable energy assets in Europe.

  • Woodford exits IP Group in £76m overnight trade

    Woodford exits IP Group in £76m overnight trade

    Woodford Investment Management, the asset manager run by Neil Woodford, has sold the last of its stake in IP Group, the investment company focused on the commercialisation of university-developed intellectual property.

  • First block in Trainline leads busy ABB night

    First block in Trainline leads busy ABB night

    A £285m block in Trainline, the UK the transport booking website, was covered quickly on Thursday night after a lock-up was waived on KKR and other pre-IPO shareholders.

  • Shenzhou block fetches $413m for vendors

    Shenzhou block fetches $413m for vendors

    A pair of shareholders in Chinese clothing manufacturer Shenzhou International has pocketed HK$3.23bn ($412.7m) from selling a chunk of the company’s stock.

ABBs/Block Trades Archive