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Italy, Portugal buck trend as $9bn Eni, EdP sales take off

  • 03 Jul 1998
RETAIL INVESTORS provided the backbone of demand for the Italian and Portuguese jumbo privatisations launched this week.

Around $9bn was raised through the sales of Italy's oil and gas group Eni and Portuguese power utility, Electricidade de Portugal (EdP).

The deals benefited from reduced worries ...

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