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RAI TO BE PARTIALLY PRIVATISED
Italian communications minister Salvatore Cardinale has confirmed that Italian public broadcaster RAI could be partially privatised in four to five months time. Speaking in Telese on August 31, Cardinale said that a foundation nominated by the Italian parliament would be created and that the pubcaster would then be divided into three companies in which private capital would hold a 49 per cent stake, while the remaining 51 per cent would remain in public hands.
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