July 30, 2014 3:22 AM ET

Diversified Financial Services

Company Overview of Cassa depositi e Prestiti S.p.A.

Company Overview

Cassa Depositi e Prestiti S.p.A. CDP) provides financing services for public-sector investments in Italy. The company offers loans to state and regional governments, local authorities, public bodies, and public-law entities. CDP also provides infrastructure financing services. Cassa Depositi e Prestiti S.p.A. was founded in 1850 and is based in Rome, Italy with additional offices in Rome and Milan, Italy.

Via Goito 4

Rome, RM 00185

Italy

Founded in 1850

25,625 Employees

Phone:

39 06 42211

Fax:

39 06 42 21 40 26

Key Executives for Cassa depositi e Prestiti S.p.A.

Chief Executive Officer
Age: 54
Chairman and President
Chief Financial Officer and General Manager
Age: 47
Head of Infrastructure and Corporate Division
Age: 51
Head of Lending Department
Compensation as of Fiscal Year 2014.

Cassa depositi e Prestiti S.p.A. Key Developments

State Grid In Talks To Acquire CDP RETI

Cassa depositi e Prestiti S.p.A. is in advanced talks to sell a 35% stake in CDP RETI S.r.l. to State Grid International Development Limited with a deal likely to be signed by the end of July, 2014, as confirmed by Franco Bassanini, Chairman of State Grid Corporation of China. The planned sale is part of Italy’s efforts to sell off state assets to help reduce the country's public debt and to raise funds to invest in infrastructure projects.

State Grid Reportely Eyes Cassa depositi's Stake In CDP RETI

Cassa depositi e Prestiti S.p.A. is close to an agreement to sell 35% stake in CDP RETI S.r.l. to State Grid Corporation of China, sources close to the matter said on July 21, 2014.

Cassa Depositi To Privatize Stake In CDP RETI

Cassa depositi e Prestiti S.p.A. is planning to sell its 49% stake in CDP RETI S.r.l. is worth more than €2 billion, Giovanni Gorno Tempini, Chief Executive Officer of CDP RETI told the Parliament's budget committee on July 16, 2014. CDP RETI is part of Cassa Depositi's ambitious privatization plan to obtain proceeds of some €12 billion. CDP Reti's sale currently goes on and Italy will announce the buyer by the end of the summer and, possibly, finalize the deal some time at the end of 2014, Gorno Tempini added.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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