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Poste Italiane board approves list bid

Postal company also announces 435 million euros in H1 profits

Redazione Ansa

(ANSA) - Rome, July 31 - The board of Italian postal company Poste Italiane on Friday approved a request to be listed on the Milan stock exchange and proposed the adoption of a new corporate statue to its stakeholders' assembly, the company said. Earlier this month the Italian government confirmed that it plans to list Poste Italiane on the stock exchange by the end of the year, saying the move is "perceived as a symbol of the changes taking place in the country".
    The company, which has a strong banking arm as well as handling postal services, announced Friday that it make a profit of 435 million euros in the first half of 2015, almost twice as much as the 222 million registered in the same period last year.
   

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