Eni-Enel Stake Sales Weighed by Italy to Reduce Debt
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Italian Finance Minister Fabrizio Saccomanni said the government may sell stakes in Eni SpA, Enel SpA and Finmeccanica SpA, or use the assets as collateral in a bid to lower debt.
“We are considering the possibility of reducing our participation in state-controlled companies,” Saccomanni said today in a Bloomberg Television interview with Ryan Chilcote from Moscow. When asked then if he was referring to companies like Eni, Enel and Finmeccanica, Saccomanni said: “We are considering this.”