Goldman Sachs is involved in two European share sales worth a combined €3.7bn ($4.6bn) launched today in Europe.

The bank is leading the sale of Electricité de France's stake in Total, the French oil company. EdF is selling its entire 2.3% stake, amounting to 15.3 million shares worth €2.6bn. Goldman is sole global co-ordinator and joint bookrunner with Citigroup and SG.