Casa Depositi e Prestiti is receiving binding offers for the sale of up to 49% of Cdp Reti, a subsidiary which owns just over 30% of Snam and which could also include its 29,9% of Terna. This was stated by the president of the CDP, Franco Bassanini, in an interview with Rai News.
“I have registered that there are many expressions of interest from various parts of the world: Canadian, American, Australian, Chinese and Gulf countries investors and so on. And as always happens in these cases, after expressions of interest, we are acquiring binding offers in order to then choose the best or best ones”, said Bassanini, who then recalled how Cdp has already written a check for almost 10 billion in Treasury, used to reduce the debt, in exchange for the purchase of Sace, Simest and Fintecn, which controls Fincantieri. Shares of Sace and Fincantieri will be offered to the market shortly and CDP is selecting the advisors to enhance these shares.
The president of Cdp specified that the Cassa will use its share of the privatizations to recapitalize and thus expand the activity of supporting the economy, up to the maximum indicated in the industrial plan and equal to 95 billion euros. "The bulk will go to recapitalize Cassa to put us in a position to strengthen our activity to support the economy by injecting resources for 95 billion euros".
