Advisers for Telstra sale
Article Abstract:
CS First Boston, JB Were and ABN AMRO Rothschild have been appointed to act as worldwide coordinators for the sale of one third of Australian state-owned telecommunications concern Telstra. Lead managers will be Goldman Sachs-Macquarie Bank, Ord Minnett, Daiwa and Deutsche Morgan Grenfell. The government is believed to be hoping to raise $7.03 billion to $7.81 billion from the sale. Three consortia are seeking to purchase the airports in Brisbane, Perth and Melbourne.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1997
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Italy adopts cautious sell-off plan for Stet
Article Abstract:
Italian telecommunications sub-holding Stet is to be sold 'in the market' during the period Feb 01-Mar 31, 1997. At present, state holding concern IRI owns 64.1% of Stet's ordinary stock and 46.6% of its total equity. The Italian government has emphasised its commitment to forming a stable group of shareholders for Stet, as well as creating strategic alliances and ensuring that the treasury ministry retains a gold share.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
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Belgacom sale fraught with difficulty
Article Abstract:
15 European, US and Asian operators have been identified as possible strategic partners for Belgacom. Around 25% of the company is to be sold with the Belgian government retaining majority control. Enterprises minister Elio Di Rupo replace Belgacom's entire board after management scandals delayed the privatisation.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
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