ABBs/Block Trades

  • Rehabilitation of UK stocks gathers steam

    Rehabilitation of UK stocks gathers steam

    Two more trades on Thursday night crowned off a busy week for block trading in London, fuelled by a rally of UK equities since the start of the year after the country secured a trade deal with the European Union at the end of 2020.

  • Renewable energy bid propels EDP block

    Renewable energy bid propels EDP block

    A €534m block in Energias de Portugal, the Portuguese utility company, flew off the shelves on Thursday night driven by investor demand for stocks exposed to renewable energy.

  • Apollo offloads Watches of Switzerland shares

    Apollo offloads Watches of Switzerland shares

    Apollo Global Management has continued to selldown its stake in Watches of Switzerland, the UK luxury watch retailer, following a strong rally in the stock since its IPO on the London Stock Exchange in May 2019.

  • Investors pour into Prysmian trade

    Investors pour into Prysmian trade

    A €292.5m sale of shares in Italian cable maker Prysmian was well received by investors on Monday evening allowing Tamburi Investment Partners to sell most of its stake in the company.

  • Invesco exits IP Group after £62m block

    Invesco exits IP Group after £62m block

    Invesco has sold the last of its stake in IP Group, the investment company focused on the commercialisation of university-developed intellectual property, through an accelerated bookbuild on Wednesday night.

  • Delivery Hero cap raise shows tech stocks still in vogue

    Delivery Hero cap raise shows tech stocks still in vogue

    A €1.2bn sale of new Delivery Hero shares showed that investors are ready and waiting to commit capital to new equity capital markets deals in 2021. The transaction showed that demand for high growth tech names remains strong, despite a recent trend of investors buying into more cyclical companies.

  • Doosan Fuel Cell block fetches $253m

    Doosan Fuel Cell block fetches $253m

    A group of shareholders in Doosan Fuel Cell, a subsidiary of Korean conglomerate Doosan Group, raised W274.35bn ($253m) from a clean-up trade in the company’s stock on Tuesday night.

  • Founding family completes first Carel block

    Founding family completes first Carel block

    Luigi Nalini SpA, an investment vehicle representing the Nalini family, has sold €64.5m of stock in Carel Industries, the Italian maker of air conditioning and humidifier systems, via an accelerated bookbuild on Monday night.

ABBs/Block Trades Archive