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Table: European Sell Offs: The Next Round


International -- Finance: PRIVATIZATION

TABLE: European Sell-Offs: The Next Round

STAKE EST. SALE PRICE OFFERING

PERCENT BILLIONS OF DOLLARS DATE

BRITAIN Scottish Electric/ 100% $5.7 Mid-1996

Nuclear Electric

British Rail 100 5.0* Mid-1995-97

FRANCE Usinor Sacilor 92 2.0 June 1995

AGF 100 1.7 Fall 1995

Renault 51 4.0 Late 1995

GERMANY Deutsche Telekom 20 10.7 Mid-1996

Lufthansa 36 1.8 1996

ITALY ENI 10-15 3.5 Late 1995

Stet 61 6.0 Mid-1996

SPAIN Telefnica 12 1.5 Fall 1995

*Not including passenger services

DATA: BUSINESS WEEK, COMPANY REPORTS


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