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Selling off Italy

Article Abstract:

The collapse of Ferruzzi SpA, Italy's second-largest private company, leaves a huge debt burden on state-owned banks, just as Italy is trying to sell off its public sector. Privatization has gained momentum from political reforms and new commercial-bank rules and must not be slowed down.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Italy, Privatization, Privatization (Business), Ferruzzi S.p.A.

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Street-wise about property

Article Abstract:

Wall Street investment banks are likely to purchase a large share of the commercial property portfolios being sold by commercial banks. Many big securities houses have formed property funds that buy undervalued real estate.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Investment banks

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Subjects list: Banking industry, Mergers, acquisitions and divestments

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