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CSFB wins two block trade mandates

Credit Suisse First Boston has won the mandates for block trades in two different stocks, both of which it launched on Thursday.

The two deals mean CSFB has won three block trades in less than a week. On Friday the bank completed the €87m ($99.7m) sale of shares in SES Global, the Luxembourg satellite group, on behalf of Suez, the French water group. The deal represented a mammoth 300 days' trading volume in the stock.

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