Italy’s Council of Ministers approved privatization criteria and terms of the partial disposal of the stake held by the Ministry of Economy and Finance in the equity of Ferrovie dello Stato Italiane.
At the proposal of Minister of Economy Pier Carlo Padoan, ‘the Council of Ministers approved the establishment of privatization policies and methods of disposal of the shareholding held by the Ministry of Economy and Finance in the capital of the Ferrovie dello Stato’, the Government says.
Last year, Fabrizio Pagani, the Italian Treasury’s Chief of the Cabinet, confirmed the intention to list the company at the Italian Stock Exchange in 2016. ‘In order for the privatization to go ahead, there are still many decisions to take, including the floating stake,’ he said.
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