Poste Italiane, the Italian post office, is likely to list before summer 2015, Italian language daily Il Messaggero reported. The unsourced report noted that up to a 49% stake inclusive of the greenshoe would be listed.
The item noted that bankers have valued Poste Italiane at a minimum EUR 8bn, which would net the Italian Treasury around EUR 3.2bn-3.5bn.
Il Messaggero