ECM looks for more privatisations if political pressure eases

Sam Kerr

April 17, 2019 05:00 PM

macron_protest_PA_230x150 — French yellow vests (Gilets jaunes) protester wearing a President Emmanuel Macron mask during the 14th consecutive week of nationwide Yellow Vest (Gilets Jaunes) movement protests against the French President's policies and his top-down style of governing, high cost of living, government tax reforms and for more "social and economic justice." Demonstrators hit French city streets again on February 16, marking three months of "yellow vest" protests as a poll now suggests that most of the country wants them to stop. Paris, France, on February 16, 2019. Photo by Alfred Yaghobzadeh/ABACAPRESS.COM | Yaghobzadeh Alfred/ABACA/ABACA/PA Images

Equity capital markets bankers are in discussions with European governments about privatisations of state assets, but political upheaval has blocked several projects. Politicians are nervous of damaging headlines if they sell assets to the market.

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Topics

Equity IPOs Equity ABBs-Block Trades Europe France EMEA

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Sam Kerr