The secondary offering, which was effected pursuant to a block trade
by way of an accelerated book build, raised gross sale proceeds of approximately Au653 million (US$1 billion).
Javelin's electronic block trade
processing capability provides market participants with the ability to submit proposed block trades
for pre-trade credit checks and, once the credit checks have been approved, the block trades
can be submitted to the designated clearinghouse and swap data repository for clearing and swap data reporting in a manner that is fully compliant with all CFTC regulations regarding straight through processing of block trades
that are intended to be cleared.
The deal is said to be the largest block trade
for the year.
We find no support for the existence of permanent positive changes in share value where the firm is not taken over within one year of the block trade
The price of the two legs of the trade was to be determined later by the market closing price, an arrangement known as a TAS (Trade at Settlement) block trade
8 million shares of common stock, worth nearly $200 million, in a block trade
with Citigroup Corporate and Investment Banking.
The company must stay within trading volume restrictions unless it is doing a block trade
arranged a block trade
after the close of the stock exchange on Wednesday, paying Icahn $36.
In response to inquiries regarding the large block trade
in Retail Holdings' shares last Friday, December 27, the Company has indicted that the shares were sold and purchased by third parties not affiliated with the Company.
SE) in a block trade
that could raise between KRW368bn and KRW375bn (USD328m-USD334m) as the US investment bank seeks to exit its holding in South Korea's fourth-largest financial holding firm.
Flexible Index Options are Hang Seng Index and H-shares Index options contracts which allow market participants to request customised strike prices and expiry months, provided the contracts are bought and sold through the block trade
PK) is looking to sell 400 million of the bank's Hong Kong-listed shares in a block trade
that could raise up to USD272m.