Schroder Salomon Smith Barney has made its debut in the European equity markets for 2002 with two quick-to-market deals in France and the UK which raised a total of €618m ($531m).

SSSB raised €368m from a block trade of shares in Pechiney, a French aluminium and packaging group. Electricité de France (EdF) sold 6.32 million shares to dispose of its remaining 7.8% stake.