Sell-off game comes of age.(privatization industry matures after 10 years of existence)(Brief Article)

Banker, The, March, 1995 by Shearlock, Peter

The privatization industry was born in 1984 with British Telecom as the first entity privatized. In its second decade, the industry has become a mature one as deals fall into two categories. Either they are complex and politically difficult deals or pioneering arrangements done in the Third World. Privatization has become the measuring stick of governments' progress and political will in ensuring free market reforms in their respective countries. One development that has emerged in the industry is fee-cutting which has been attributed to the increasing maturity of the business.

Ten years after the privatisation industry was born, more mature deals are coming to market. Peter Shearlock reports

Margaret Thatcher had just survived an assassination attempt; Indira...

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