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€5.1bn Neste Share Deal Cancelled After Pricing Error
Summary by Helsinki Times
4 Articles
4 Articles
€5.1bn Neste share deal cancelled after pricing error
A multibillion-euro block trade involving Neste shares has been cancelled by Nasdaq Helsinki after the transaction appeared to involve a clear input error. The original deal, carried out on Monday morning, involved 27,900 Neste shares priced at an average of €184,625 per share. The total value of the trade exceeded €5.1 billion, equivalent to more than one-third of Neste’s total market capitalisation. At the time of the transaction, Neste’s actu…
·Finland
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A five billion euro transaction was made with Neste shares, which appears to have been some kind of mistake.
·Helsinki, Finland
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Neste's block trade at a special price was cancelled.
Neste's large block trade was canceled.
Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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