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August 03, 2015 12:14 AM ET

Diversified Financial Services

Company Overview of Cassa depositi e Prestiti S.p.A.

Company Overview

Cassa Depositi e Prestiti S.p.A. CDP) provides financing services for public-sector investments in Italy. The company offers loans to state and regional governments, local authorities, public bodies, and public-law entities. CDP also provides infrastructure financing services. Cassa Depositi e Prestiti S.p.A. was founded in 1850 and is based in Rome, Italy with additional offices in Rome and Milan, Italy.

Via Goito 4

Rome, RM 00185

Italy

Founded in 1850

23,516 Employees

Phone:

39 06 42211

Fax:

39 06 42 21 40 26

Key Executives for Cassa depositi e Prestiti S.p.A.

Chief Executive Officer and Director
Age: 52
Financial Reporting Manager
Head of Infrastructure and Corporate Division
Age: 52
Head of Lending Department
Head of Management and Support of Development Policies Department
Compensation as of Fiscal Year 2015.

Cassa depositi e Prestiti S.p.A. Key Developments

Cassa depositi e prestiti SpA Announces Board Appointments

Cassa depositi e prestiti SpA on July 10 elected a new board of directors for the 2015, 2016 and 2017 financial years, appointing Claudio Costamagna chairman and Mario Nuzzo vice chairman. The board's other members are Fabio Gallia, who was designated CEO, Maria Cannata, Carla Patrizia Ferrari, Stefano Micossi, Alessandro Rivera, Alessandra Ruzzu and Isabella Seràgnoli.

CDP May Acquire Stake In Metroweb Italia

Cassa depositi e Prestiti S.p.A. (CDP), which hold 53.8% stake in Metroweb Italia S.p.A., may acquire stake in the latter. CDP’s Chairman, Franco Bassanini stated that the company would be ready to buy out Metroweb if no buyer is found when F2i Aeroporti S.p.A. decides to sell its stake in Metroweb Italia. According to the news report, Telecom Italia S.p.A. (BIT:TIT) and Vodafone Group Public Limited Company (LSE:VOD) have been in talks for months to buy a stake in Metroweb. Franco Bassanini said, “If (in the future) there are no investors willing to buy F2i's stake in Metroweb, it's not a mystery for anyone that CDP will step in to buy it.” The report mentioned that Telecom Italia is interested in buying 51% of Metroweb and has rejected proposals by Vodafone and other phone operators for a joint ownership of Metroweb.

Italy Plans To Sell Its Stake In STM To CDP

Italy is looking to sell its stake in STMicroelectronics NV (ENXTPA:STM) to Cassa Depositi e Prestiti S.p.A., the Treasury official in charge of privatizations, said.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 12, 2014
CDP RETI S.p.A
 

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