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in Germany / Ulrich Wengenroth -- Beyond state and market: Italy's futile search for a third way / Franco Amatori …
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In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds … may be successfully applied during privatization of state companies throughout the world. It may be profitable for many … privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche …
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