A privatisation commission for the sale of a 49% stake in gas utility SPP, along with privatisation advisor Credit Suisse First Boston, are to decide within two weeks how many of SPP's non-core business properties to sell off before the entry of a strategic investor.
The government is expected to launch a tender for the stake at the end of this month. The firm, the world's second largest gas distributor, has been valued at between $6 and $8 billion.
20. Aug 2001 at 0:00 | From press reports of TASR and SITA