The government accelerates on privatizations and aims to place a 5-6% share of Enel by February. As reported this morning by the Sole 24 Ore, the decision to launch the placement of around 5-6% of Enel following a meeting at the Ministry of the Economy between the privatization committee and the two Treasury advisors, Equita and Clifford Chance.
The operation of sale of Enel shares it will have to be completed by the end of February, more precisely between 16 and 20 February. This fact represents a clear signal that the Government intends to give to markets and investors about the willingness to give new impetus to the commitments undertaken on the subject of privatizations.
In the morning, the Reuters agency confirmed that Treasury consultants have been monitoring the markets since the beginning of the year in an attempt to seize the right moment for the Enel placement. However, at the moment, there would be no indication on the timing of the sale of the shareholding.
The rumors about the privatization of Enel do not help the title of the Italian energy giant in Piazza Affari. Indeed, at 10,10 Enel lost 2,63%.
