Schroder Salomon Smith Barney (SSSB) is leading two equity sales for Finnish clients as it launches a €286m ($250m) accelerated bookbuild in Stora Enso, the paper and wood company and it sold a €136.6m block of shares in Deutsche Telekom for Sonera, the telecoms firm.

SSSB is the sole bookrunner of the Stora Enso accelerated bookbuild with Enskilda Securities, a local firm, as joint lead manager. The Finnish government is selling 20 million shares, to decrease its direct stake from 15.2% to 13%.