Venezuela plans stock sale in break from socialist model

Summary by Ground News
Venezuelan government announces plan to sell off state-owned companies. The move could be a first step toward returning control of the companies to private hands. The government has not said how much it will pay for the sale of the state-run companies. It has also not said when the sale will take place.
Venezuela plans stock sale in break from socialist model
8 days ago·C C S, Venezuela, Bolivarian Republic of

News Articles

CTV News

Venezuela plans stock sale in break from socialist model

In a break from its socialist model, Venezuela's government plans to open for private investment a number of state-owned companies in vital sectors as it seeks to address a need for capital for severely underinvested businesses. Scant details on the move are fueling doubts.

9 days ago·Toronto, Canada
Read Full Article
The Independent

Venezuela plans stock sale of state-owned companies

In a break from its socialist model, Venezuela’s government plans to open for private investment a number of state-owned companies in vital sectors as it seeks to address a need for capital for severely underinvested businesses

9 days ago·London, United Kingdom
Read Full Article
Washington Times

Venezuela plans stock sale in break from socialist model

Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism.

9 days ago·Washington, United States
Read Full Article
abc News

Venezuela plans stock sale in break from socialist model

Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism

8 days ago·United States
Read Full Article
Associated Press News

Venezuela plans stock sale in break from socialist model

CARACAS, Venezuela (AP) — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from telephone and internet service providers to a petrochemical producer.

9 days ago·United States
Read Full Article
KVIA

Venezuela plans stock sale in break from socialist model

By REGINA GARCIA CANO Associated PressCARACAS, Venezuela (AP) — In a break from its socialist model, Venezuela’s government plans to open for private investment a number of state-owned companies in vital sectors as it seeks to address a need for capital for severely underinvested businesses. Scant details on the move are fueling doubts. The government intends to sell between 5% and 10% of shares in various companies, some of which were nationali…

9 days ago
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

63% of the sources are Center
The Independent
abc News
The Mercury news
CTV News
Associated Press News
News 4 JAX
Click on Detroit
WPLG
Wral News
+5
Washington Times
MY Northwest
Boston Herald
L 19%
C 62%
R 19%
Untracked bias
See less detail