The government is considering selling 10 to 20% of Poste Italiane, the Italians' safe deposit box, which contains more than 300 billion in savings. The state might make up to two and a half billion euros from the operation. The company still has good growth prospects with the new multi-year business plan, which will sanction the transformation of Poste from a delivery company to a 360° logistics operator. Before then, the new contract for the 120,000 employees should be signed, allowing management to forecast probable profitability and shareholder coupons. At that time, it will be easier and more convenient to find additional investors. To earn cash, the government is considering selling also a share in Eni. The energy powerhouse is worth $50 billion on the stock market, with the Treasury owning 32.7% of it. The share price will grow to around 34% in a few weeks as a result of the company's ongoing share buyback. Once the buyback is finished and the new weights are determined, it is expected that a 4% interest in Eni will be sold on the stock exchange, raising approximately 2 billion euros while remaining under 30% "public" control.
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