habrían normalizado
-they/you would have normalized
Conditional perfectellos/ellas/ustedesconjugation ofnormalizar.

normalizar

Al suponer que los mercados se habrían normalizado a finales de año, el LBBW no adoptó disposición alguna respecto a la cartera de inversiones estructurada de Sachsen LB y quería hacerse cargo de ella.
On the assumption that the markets would have normalised by the end of the year, LBBW did not make any special arrangements for the structured investment portfolio of Sachsen LB and would have acquired it.
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to drizzle