Such sell-downs are becoming increasingly popular as a way of exiting illiquid stocks as the regionÆs stock markets get closer to their record highs and many individual companies have already breached theirs.
The high share prices mean the discount at which the stock has to be offered in a publicly marketed block trade has a relatively smaller impact on the overall profit made by the seller, who also gets the benefit of being able to sell a large chunk of stock all at...
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