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Sovereign Wealth Funds Briefing - Categorized | Investment

Italy courts sovereign funds ahead of post office sale

Posted on 01 October 2015

The Italian government sought to attract investment from sovereign wealth funds at a meeting on Wednesday, as Rome prepares to sell shares in its post office in what is set to be its biggest privatisation in a decade.
“Italy is a land of opportunity … Our public finances are sound, growth (this year) is stronger than expected and … the government is committed to support investments,” Economy minister Pier Carlo Padoan told representatives from more than 30 sovereign wealth funds at a meeting hosted by Italy’s state-owned strategic fund in Milan………………………………………..Full Article: Source


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