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Sovereign Wealth Funds Briefing - Categorized | Investment

Libyan sovereign wealth fund in talks to buy stake in Italian post office business

Posted on 02 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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