ABN Amro has completed the third quick-to-market deal in three days when it sold a €114m ($101m) block of shares in TDC, a Danish telecoms firm.

Last year, 49% of equity activity in Europe was made up of accelerated bookbuilds and block trades, according to Dealogic, the investment banking research firm. That is more than double the market share in 2000, and the trend seems to be continuing this year.