Busy night sees four block trades hit the market

NEC offloads its entire stake in Lenovo, raising $230 million, while Prudential exits Taiwan's China Life Insurance through a $156 million transaction.
<div style="text-align: left;">
NEC last night sold its entire stake in Chinese PC maker Lenovo
</div>
<div style="text-align: left;"> NEC last night sold its entire stake in Chinese PC maker Lenovo </div>

It didn’t look like the most obvious day to do a deal with the US closed for Labour Day on Monday and Asian stock markets under pressure yesterday after Moody’s downgraded its outlook on the EU, but four block trades nevertheless hit the market after the close.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media