The Portuguese government will sell a 70% stake in Portugal postal

The Portuguese government said recently, the cabinet has approved a aims to sell 70% stake in Portugal post.
The Portuguese government said in a statement, the government will in the domestic stock market for initial public offerings. At the same time, in the international capital market shares are sold directly to the subsequent joint financial institutions. The plan also mentioned, employees and partners will be 5% of the shares to sell Portugal postal. The stock price than selling to the public price is low 5%.
In addition, the cabinet has approved the establishment of a special committee to supervise the whole process of privatization. The special committee will provide technical support, and to ensure that most stock sales transparent, strict, fair, in order to protect the public interest.
MYEX Minya Express International
2013-11-01