Italy to retain majority holding in any railway stake sale, company CEO says
MILAN, Sept 24 (Reuters) -Italy will keep a majority stake in national railways operator Ferrovie dello Stato (FS)in any potential plan to open up the company's capital to outside investors, Chief Executive Officer Stefano Donnarumma said on Tuesday.
"We are studying how to open up the company's capital and the perimeter of the business which could be involved", he told reporters during an event in Berlin.
Any potential stake sale would result in selling "for sure a minority stake."
Donnarumma, the former CEO of Italy's power grid Terna TRN.MI, said earlier this month the company was studying whether to seek outside investors, including through a potential bourse listing.
Any project to bring private investors onboard needs to include a regulatory framework to attract "patient investors, which do not have a short-term view", he said at Tuesday's event.
Prime Minister Giorgia Meloni's right-wing government has decided to sell stakes in several state-controlled companies since it took office in 2022.
Last week the government adopted a decree allowing the Treasury to sell a stake of up to 14% in postal service operator Poste Italiane PST.MI.
Reporting by Elvira Pollina, editing by Gavin Jones
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