Recent trends in privatisation
Article Abstract:
OECD countries vary in their choice of privatization methods depending on the domestic capital market's state of development and the restructuring need of the company to be privatized. Public offerings, trade sales, fixed-price underwriting are among the preferred privatization methods of OECD countries. France and Italy suffered some setbacks in 1995 stemming from privatizing amidst a weak stock market and underperformance of the general stock market index. Germany and Canada were successful in their privatization efforts and so was Australia which raised $6.2B in 1995.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1996
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Privatisation and capital markets in OECD countries
Article Abstract:
Organization for Economic Cooperation and Development (OECD) members have embarked on large-scale privatization programs in the 1990s. These countries consider privatization as the most ideal solution in increasing the efficiency of public-owned enterprises, generating more revenues and increasing mass private share ownership. The privatization effort of OECD governments will pave the way for the development of an increasingly liquid global financial market.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1995
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Privatisation: recent trends
Article Abstract:
Global privatization has reached $88 billion in 1996, with $68 billion raised from Organization for Economic Cooperation and Development (OECD) countries. It is expected to increase to $100 billion in 1997. Most OECD privatizations, wherein domestic investors have become major buyers, were conducted through public offerings in the capital markets. These public offerings have been equally distributed between private and institutional investors.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1997
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