SWFI First Read, March 13, 2017
Italy’s CDP Considers 15% Ownership Share Sale
The Italian Minister of Economy and Finances is contemplating a possible sale of a 15% ownership stake in lender Cassa Depositi e Prestiti (CDP) in a bid to add €5 billion for the Italian state. The Italian Minister of Economy and Finances controls an 83% stake in CDP, while national banking foundations control 16% ownership.
GIC Mulls Logicor Takeover Bid
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