Discover

This 'list of privatizations' provides links to notable and/or major privatizations. ''See also: Privatization''.
===Argentina===

★ Aerolíneas Argentinas, the former national carrier

★ ENTel (national telecommunications company) - partitioned and sold to France Télécom and to Spanish Telefónica

★ Buenos Aires Metro, given under concession but still owned by the State

★ Correo Argentino, given under concession. Re-nationalized in 2003

★ Obras Sanitarias (water-company), given as a concession to the French conglomerate SUEZ, which operates it under the name ''Aguas Argentinas''. Re-nationalized in 2006 as Aguas y Saneamientos Argentinos (AySA).

★ Fábrica Militar de Aviones (FMA), sold to Lockheed Martin

★ Ferrocarriles Argentinos, railway-lines all over the country (some in the process of re-nationalization under the Kirchner administration)

★ Yacimientos Petrolíferos Fiscales (YPF), national oil-company sold to the Spanish Repsol. The Argentinian government in 2004 set up a new state oil company (Enarsa) from scratch.
===Australia===

★ Qantas

★ Commonwealth Bank of Australia

★ Telstra

★ Commonwealth Serum Laboratories

★ Commonwealth Industrial Gases

★ Commonwealth Oil Refineries

★ Electricity and gas supplies in Victoria

★ State-owned betting-agencies in most States

★ Many long-distance and urban passenger railway services

★ All freight railway-services except Queensland Rail

★ Most State-owned banks

★ Government Printing Service (New South Wales)

★ Government Cleaning Service (New South Wales)

★ Government Insurance Office in New South Wales

★ All public transport in Melbourne

★ Sydney Airport
===Bahrain===

★ Bahrain Telecommunications Co. (Q1 2005, $800 million)
===Brazil===

★ Telebrás

★ Embratel

★ RFFSA

★ Vale do Rio Doce

★ CSN
===Canada===

★ Air Canada

★ Canadian National Railway

★ Petro-Canada

★ Telus - In the province of Alberta, formerly Alberta Government Telephones

★ Uranium Industry in Saskatchewan

★ Teleglobe - An international telco carrier.

★ Saskatchewan Wheat Pool

★ Nova Scotia Power

★ Manitoba Telecom Services (MTS)

★ Potash Corp

★ 407 ETR

★ Ontario Hydro (only partially privatized, Ontario Power Generation is still a crown corporation)
===Czechoslovakia===

★ Virtually everything after the Velvet Revolution in 1989. See voucher privatization in Czechoslovakia for details.
===Finland===

★ Finnair

★ Sonera (former Telecom Finland)
===France===

★ Credit Lyonnais (a bank - privatized in 2001)

★ France Télécom (the French State has owned under 50% of France Télécom since September 2004)

★ Snecma (in 2004 France sold 35% of Snecma for €1.45 billion)

★ Pages Jaunes (Yellow Pages) (in 2004 France sold 32% of Pages Jaunes for €1.25 billion)

★ SNCM (''Société Nationale Maritime Corse Méditerranée'') ferry-company. Privatized at the end of 2005.

★ Électricité de France (EDF) (in December 2005 France sold 30% of EDF)

★ Gaz de France (GDF) Prime minister Dominique de Villepin announced a merger between GDF and Suez company; since the state owns 80% of GDF, a privatization of GDF would require the passing of a new law; the state would control only 34% of the capital of the new group: see commentary.
===Germany ===

★ ''Deutsche Bundespost'' became

★
★ Deutsche Post Jan. 2005 - KfW buys 12% (€1.7 billion) to sell to public.

★
★ Deutsche Telekom

★
★ Deutsche Postbank (in 2004 the state floated a minority stake for €2.5 billion)

★ ''Deutsche Bundesbahn'' became Deutsche Bahn in 1994

★ UFA underwent privatization in 1921
=== Greece===

★ ''OTE (Οργανισμός Τηλεπικοινωνιών Ελλάδος/Hellenic Telecommunications Company)'' became partly privatised in the 1990s, when its only shareholder at the time, the Hellenic State, reduced its share of the company to 36%

★ ''Olympic Airways'' at first, then ''Olympic Airlines''. The Hellenic State attempted to privatise the ailing airlines five times, more or less, from 2004 onwards.
===India===

★ Maruti Udyog

★ BSNL

★ Delhi Airport

★ Mumbai Airport
===Iraq===

★ (planned) most industries except oil, at the behest of the United States sponsored government.
=== Ireland===

★ Irish Steel - transferred ownership to Ispat, firm bankrupt, no longer exists.

★ Irish Sugar - floated on stock market as Greencore. State retains one share for veto purposes.

★ British and Irish Steampacket Company Limited - sold to Irish Continental

★ Telecom Éireann - floated on the stock market

★ Cablelink - sold to NTL Ireland. Formerly held 50/50 by Telecom Eireann and Radio Telefis Eireann, both state-owned at the time.

★ Aer Lingus - floated on the stock market. State retains 25%

★ Irish Life - sold to Irish Permanent

★ TSB Bank - sold to Irish Life & Permanent

★ ACCBank - sold to Rabobank

★ ICC Bank - sold to Bank of Scotland

★ Irish National Petroleum Corporation - all assets sold to ConocoPhillips, still exists in law

★ Nítrigin Éireann - sold to its other shareholder in Irish Fertiliser Industries, Richardsons, final firm called IFI, no longer exists.
=== Israel ===

★ El Al

★ Zim Integrated Shipping Services

★ Israel Discount Bank (partial)

★ Bank Hapoalim

★ Bank Leumi (partial)

★ Israel Chemicals

★ Bezeq

★ RAFAEL Armament Development Authority (partial)
===Italy ===

★ Enel S.p.A. (1999 32% €16.6 billion, 2003 6.6% €2.2 billion, 2004 20% €7.5 billion) ([1])

★ Terna (Enel sold 43.5% for €1.48 billion in June 2004) ([2])
=== Jordan===

★ Aramex International (Q1 2005, 75% for $150-200 million)
===Japan ===

★ Nippon Telegraph and Telephone

★ Japan Post (half-privatized)

★ Japan Tobacco

★ Japan Railway (formerly Japanese National Railways)
=== Kuwait===

★ Kuwait Finance House (November 20004, 25% of the company for $1 billion)
===Malaysia ===

★ PosMalaysia - national postal services

★ Telekom Malaysia

★ Tenaga National Berhad - national electricity generation and distribution

★ Johor Water Corporation

★ Pasir Gudang Local Authority

★ Malaysia Airlines

★ Keretapi Tanah Melaya Berhad - national railway company

★ Senai International Airport

★ Malaysian Airports Holding
=== Netherlands===

★ PTT, the mail and telecom company

★ Nederlandse Spoorwegen
=== New Zealand ===
''For more, see also:'' State-Owned Enterprises of New Zealand and Rogernomics

★ Air New Zealand, privatized in 1989, subsequently rescued by the Crown in 2001

★ Auckland International Airport

★ Bank of New Zealand - semi-privatized in 1987; rescued by the Crown in 1990; sold off in 1992

★ Electricity Corporation of New Zealand (ECNZ) - part of which became privatized as Contact Energy in the period 1995 - 1998

★ Government Print

★ Ministry of Works and Development

★ Natural Gas Corporation (NGC), ultimately absorbed into Vector Limited

★ New Zealand Steel, privatized from 1987, now part of BlueScope Steel

★ The Post Office Savings Bank (POSB), bought by the ANZ bank in 1989

★ Telecom New Zealand, privatized in 1990

★ New Zealand Rail Limited, privatized in 1993, became Tranz Rail Limited in 1995 - Government subsequently repurchased the track lease

★ various council-controlled organisations formerly owned by territorial authorities: see also Local Authority Trading Enterprises (LATEs)
=== Norway ===

★ Arcus (sold to Sucra in 2001)

★ Statkorn (floated on stock market as Cermaq in 2000, Government retains 44%)

★ Christiania Bank og Kreditkasse (sold to Nordea in 2000)

★ DnB NOR (floated on stock market in 1995, Government retains 34%)

★ Kongsberg Gruppen (floated on stock market in 1993, Government retains 50%)

★ NSB Gods (now CargoNet, partialy sold to Green Cargo in 2002, NSB retains 55%)

★ Postbanken (merged with DnB NOR in 1999)

★ Statoil (floated on stock market in 2001, Government retains 71%)

★ Årdal og Sunndal Verk (merged with Norsk Hydro in 1986)

★ Telenor (floated on stock market in 2000, Government retains 54%)
=== Panama

Contents

Planned privatisations

References

Qatar ===

★ Q-Gas (Q1 2005, 50% for $600 million)
=== Romania===

★ Electrica - electricity distributor

★ Petrom - national petroleum company

★ Romtelecom - national telecommunications company

★ Sidex - steelworks
===Saudi Arabia ===

★ Al-Bilad Bank (November 2004, 50% valued at $400 million)
=== Spain===

★ Iberia Airlines (2001)
===Sweden ===

★ Nordea (19.5% owned by Swedish government) ([3])

★ OMX (6.75% directly owned by Swedish government) ([4])

★ SAS (50% owned by Swedish, Danish, Norwegian governments) ([5])

★ Telia Sonera (37,3% owned by the Swedish government) (20780)

Planned privatisations

★ All of the above (Nordea, OMX, SAS and Telia Sonera)

★ SBAB

★ Vin & Sprit

★ Vasakronan
===United Arab Emirates ===

★ Damas Jewelry (November 2004, 55% of the company for $224 million)
=== United Kingdom===

★ Amersham International (1982)

★ Associated British Ports (1982)

★ British Telecom (1984)

★ British Steel (1988)

★ British Gas (1986)

★ British Airways (1987)

★ British Energy (1996)

★ Britoil (1982)

★ British Airports Authority (1987)

★ British Petroleum

★ British Rail (1995)

★ Cable and Wireless (1981)

★ Defence Evaluation and Research Agency (partial, 2001)

★ Enterprise Oil (1984)

★ British Leyland - privatised piecemeal as Rover Group (1988), Jaguar plc, Leyland Trucks, Leyland Bus, Istel, Unipart, Alvis plc, and numerous other companies, some of which have since recombined

★ Royal Aircraft Establishment - partial privatisation

★ Water industry (England & Wales only) (1989)

★ Electricity generation and distribution Industry (1990)

★ Scottish Electricity

★ British Coal Industry

★ National Air Traffic Services

★ Over two million council-owned houses sold to their tenants

★ Her Majesty's Stationery Office - HMSO - Partial privatisation

★ British Technology Group (now BTG plc)

★ Thomas Cook (1972)

★ National Bus Company

★ Scottish Bus Group

★ Many municipal bus companies (local-authority owned)

★ Passenger Transport Executive owned bus companies

★ London Buses

★ Rolls-Royce plc (1987)

★ British Shipbuilders

★ British Aerospace

★ Property Services Agency

★ Royal Ordnance (1987)

★ The Independent Broadcasting Authority's engineering (transmitter) department (privatized as Network Transcommunications Ltd, now NTL)

'Privatisations by share offer, 1981-91' From Nigel Lawson, ''The View from No. 11'' (Bantam, 1992).

''Date''	''Company''	''% of equity initially sold''	''Proceeds £m''
Feb 1981	British Aerospace	51.6	150
Oct 1981	Cable & Wireless	50	224
Feb 1982	Amersham International	100	71
Nov 1982	Britoil	51	549
Feb 1983	Associated British Ports	51.5	22
June 1984	Enterprise Oil	100	392
July 1984	Jaguar	99	294
Nov 1984	British Telecom	50.2	3,916
Dec 1986	British Gas	97	5,434
Feb 1987	British Airways	100	900
May 1987	Rolls-Royce	100	1,363
July 1987	British Airports Authority	100	1,281
Dec 1988	British Steel	100	2,500
Dec 1989	Regional Water Companies	100	5,110
Dec 1990	Electricity Distribution Companies	100	5,092
Mar 1991	National Power and PowerGen	60	2,230
May 1991	Scottish Power and Scottish Hydro Electric	100	2,880

===United States ===

★ Conrail

★ Federal National Mortgage Association (Fannie Mae)

★ Student Loan Marketing Association (SLM Corporation) (Sallie Mae)

References

★ Sample Firms Privatized Through Public Share Offerings, 1961-August 2000 - Appendix to Juliet D’Souza, William L. Megginson (1999), "The Financial and Operating Performance of Privatized Firms during the 1990s", ''Journal of Finance'' August 1999

★ Institute of Mergers, Acquisitions and Alliances (MANDA) M&A - Academic research institute on mergers & acquisitions, including privatization