MILAN, March 10 Italy's Economy Ministry is
examining the possible sale of a 15 percent share in state
lender Cassa Depositi e Prestiti (CDP), leaving a majority stake
in its hands, national daily Corriere della Sera reported on
This would bring about 5 billion euros ($5.30 billion) to
state coffers, it added, without citing sources.
The report said the proposal is still in a preliminary phase
and it is not clear whether the sale would be made to
institutional investors or foreign funds or banks, the report
The Ministry owns an 83 percent share of CDP and national
banking foundations hold 16 percent, with the remaining 1
percent held as treasury shares.
The Economy Ministry was not immediately available for
($1 = 0.9441 euros)
(Reporting by Giulia Segreti; Editing by Muralikumar