Superblock Makes Trading History
Traders Magazine, March 2000
The largest block trade on record, 925 million shares worth a whopping $5 billion, earned Goldman Sachs and Deutsche Bank a total of $50 million. Each share was sold for 349 pennies (U.K.)
The superblock', executed recently in London, occurred when Hong Kong conglomerate Hutchison Whampoa sold a third of its stake in U.K.-based Vodafone AirTouch Plc.
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