EUROPE/MIDDLE EAST/AFRICA

摘要

Morgan Stanley wrapped up a €105.1m block trade in NESTE on Thursday evening in less than 25 minutes. While Finnish state selling had been expected, this trade at 1.24m shares and 0.5% of the oil refiner was far smaller than investors had hoped. The sale was on the radar as the seller, state-owned Nordic Railways, was gifted these shares by the government the previous week to provide funding and represent its entire holding, but a larger sale in partnership with the state had been expected by some.