Government undertakes a partial privatization of Poste Italiane
27 Oct 2015
Between 12 and 23 October 2015, the Italian Ministry of Economy and Finance - the sole shareholder of the mail-based conglomerate Poste Italiane - initiated a partial privatization of 38.2 per cent of the share capital in the company. The privatization process was carried out through an offering comprising a public offering to retail investors in Italy and employees of the company and its subsidiaries (30 per cent of the global offering), and an international offering to institutional investors in Italy and abroad representing 70 per cent of the global offering.
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Type:
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Entry and establishment (Ownership and control)
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Industry:
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Services (Transportation and storage)
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