Next month's secondary sale of shares in Portugal Telecom, the national telecoms carrier, is in doubt after the poor market reception of other telecom companies this week.

This week's share sales include IPOs for Telefónica in Spain, Telekom Austria in Austria and the secondary sale by KPN in the Netherlands.

Portugal Telecom's secondary share sale under threat

William Wright

Portugal Telecom

Goldman Sachs

Telekom Austria

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The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally

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The UK lender has given the leading compliance job to a 20-year veteran

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Christian Candy, who just listed his New York townhouse for $70 million, paid around $45 million for the unit, which was asking $66 million in 2020.

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French luxury behemoth LVMH said it booked revenue of €20.31 billion for the first three months of the year, 3% lower organically than in the prior-year period.

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The lender expects a higher capital impact and lower return on investment than initially projected for its acquisition of AXA Investment Managers, after the ECB clarified its regulatory stance.

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