Covestro, Eramet building blocks in booming market
The equity blocks market extended a busy run this week, with a Bayer trade in Covestro on Tuesday night, and the second sell-down of shares in Ahlsell by CVC since its IPO in October last year.
So far this week, there have been nine accelerated book builds (ABB) in the EMEA worth a total of $2.9bn, according to Dealogic.
The largest was on Tuesday night, when Bayer returned to the market to sell another €1.2bn chunk of its stake in Covestro, the plastics
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