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Europe quick out of the blocks

Three block trades were completed last night to re-open the market for share placements after the traditional summer break

The market for block trades in Europe re-opened after the traditional summer lull last night, with three deals worth more than €1.3 billion in total.

German television station operator ProSieben was the largest deal sold to investors last night through an accelerated bookbuild worth €807.1 million, according to Dealogic.

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