Poste Italiane's 30-40% stake to be privatised
The Italian government intends to privatise a 30-40% stake in the Italian post office Poste Italiane, Italian language daily Milano Finanza reported.
The unsourced report claimed the sale was discussed at a government meeting held yesterday, 9 January.
The item said Poste Italiane had net assets of EUR 5.7bn and profits of EUR 362m, at the end of June 2013.
Source Milano Finanza daily edition