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Market takes down convertibles, cornerstone-heavy deals, blocks
Block follows hundred-time oversubscribed IPOs
Theon founder sells block in Cypriot defence company to increase free float
Wendel received €750m of cash up front, about 86% of shares’ pre-trade value
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Trade set to price at 5.4% discount as Wendel reduces stake
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Block price is 20% below where shares traded before results
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Market unfazed by heightened volatility this week
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Meanwhile, Röko prices express IPO with 60 cornerstones
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Asyad Shipping, Umm Al Qura, Alpha Data IPOs priced at top of range