Arab Today, arab today portugal to privatise postal service
Last Updated : GMT 12:06:35
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Portugal to privatise postal service

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Arab Today, arab today Portugal to privatise postal service

Lisbon - SPA

Portugal will sell up to 70 per cent of its national postal service CTT, the government announced Thursday. The privatization will be carried out partly through a public offering and partly through share sales to institutional investors. Up to five per cent of the shares will be set aside for CTT employees. The date of the sale was not given.

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