Poste Italiane IPO Attracts Sovereign Wealth
Posted on 10/24/2015
The Italian government raised €3.4 billion (US$ 3.8 billion) in its initial public offering (IPO) for Poste Italiane SpA, a postal company that has business lines in finance and insurance. This is Italy’s largest IPO since 1990 and largest state sell-off since 2005. The symbolic move could suggest that Italian Prime Minister Matteo Renzi is […]
- China
- China Investment Corporation
- Deals
- IPO
- Italy
- Kuwait Investment Authority
- Norway Government Pension Fund Global
- Poste Italiane
- SAFE Investment Company
