The planned part-privatisation of
Poste Italiane may be carried out in stages, according to a
draft ministerial decree sent to the Lower House for the opinion
of the Transport and Budget Committees on Friday.
The operation "may be carried out, also in several stages,
through single and/or joint recourse to a public offer addressed
to the public of savers in Italy, including the employees of the
Poste Italiane group, and/or to Italian and international
institutional investors, or through placement on the market,
also through accelerated sale modalities or through block sale",
according to the draft decree.
Economy Minister Giancarlo Giorgetti has said the state is to
retain control of Poste Italiane, with a stake of no less than
35%.
The economy ministry currently holds a 29.26% stake in the
company, Cassa Depositi e Prestiti 35% and the treasury 0.82%,
to a total of just over 65%.
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