Il Tesoro sells the 5,7% di Enel for almost 2,2 billion euro through an accelerated placement operation, thus falling to 25,5% of the share capital. The operation, led by Goldman Sachs, Bofa Merril Lynch, Mediobanca and Unicredit, began yesterday evening and will end this morning.
At yesterday's closing prices, the electricity group's shares were worth 4,048 euros, for a total capitalization of 38.064 billion. Therefore, if the sale were to take place at the same values as the market close, the proceeds from the sale of around 540 million shares, equal to 5,74% of the share capital, would be 2,186 billion. Opening today on title has dropped and share 3,97 down by 1,93%
Compared to the original plan put on paper by the Letta government and substantially confirmed by the Renzi one, the quotation of Fincantieri, the sale of 35% of Cdp Networks (the box that contains Terna and Snam's equity investments) in State Grid of China and that of 40% of Ansaldo Energia at Shanghai Electric.
Then came the quotation of in November Rai Way, just yesterday the subject of a takeover bid by Mediaset. Finally, this week the transition of Ansaldo Breda e Ansaldo Sts to the Japanese Hitachi.
Now, the Treasury can focus on privatizing Post e Railways.
