This list of privatizations provides links to notable and/or major privatizations.
1,150 public companies, including banks, railroads, the telephone company, mines, roads, TV stations, ports, airports, airlines, sugar mills, and retirement funds.
A wide-scale privatization program was launched in 1992–1994, using a voucher privatization scheme; from 1995, a monetary scheme was used.
(Listing Scope >US $10 M.) [31]
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 |
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering.
Deutsche Telekom AG is a partially state-owned German telecommunications company headquartered in Bonn and the largest telecommunications provider in Europe by revenue. It was formed in 1995 when Deutsche Bundespost, a state monopoly at the time, was privatized. Since then, Deutsche Telekom has consistently featured among FortuneMagazine's top Global 500 companies by revenue, with its ranking as of 2023 at number 79. In 2023, the company was ranked 41st in the Forbes Global 2000. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's fifth-largest telecommunications company and biggest in Europe by revenue.
3i Group plc is a British multinational private equity and venture capital company based in London, England. 3i is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The privatisation of British Rail was the process by which ownership and operation of the railways of Great Britain passed from government control into private hands. Begun in 1994, the process was largely completed by 1997. The deregulation of the industry was in part motivated by the enactment of EU Directive 91/440 in 1991, which aimed to create a more efficient railway network by creating greater competition.
Mercury Communications was a national telephone company in the United Kingdom, formed in 1981 as a subsidiary of Cable & Wireless, to challenge the then-monopoly of British Telecom (BT). Although it proved only moderately successful at challenging BT's dominance, it led the way for new communication companies to attempt the same.
Hrvatski Telekom, also known as HT or Telekom, is a Croatian telecommunications company founded in 1998. Headquartered in Zagreb, it is majority-owned by Deutsche Telekom with a 53.5% stake and is publicly traded on the Zagreb Stock Exchange.
A State-Sponsored Body is the name given in Ireland to a state-owned enterprise, that is to say, a commercial business which is beneficially owned, either completely or majority, by the Irish Government. Each state-sponsored body has a sponsor Minister who acts as shareholder, either independently, or in conjunction with the Minister for Finance, who may also be a shareholder. State-sponsored bodies are often popularly called semi-state companies, a misnomer, since they are all (mostly) fully owned by the state, in addition not all of them are actually companies.
Türk Telekomünikasyon A.Ş. is a state-owned Turkish telecommunications company. Türk Telekom was separated from Turkish Post (PTT) in 1995.
A postal, telegraph, and telephone service is a government agency responsible for postal mail, telegraph, and telephone services. Such monopolies existed in many countries, though not in North America, Japan or Spain. Many PTTs have been partially or completely privatised in recent years, though a few, such as Posta ve Telgraf Teşkilatı of Turkey, Myanma Posts and Telecommunications of Myanmar and Tusass of Greenland, continue to remain wholly government-owned. In many of said privatisations, the privatised corporation was completely renamed, such as KPN in the Netherlands, Orange S.A. in France, BT Group in the United Kingdom, Eir in the Republic of Ireland, Swisscom in Switzerland, Telstra in Australia, Spark in New Zealand, Proximus Group in Belgium, A1 Telekom Austria Group in Austria, TDC Group in Denmark, Telia Company in Sweden and Finland, Telenor in Norway, Chunghwa Telecom in Taiwan and Singtel in Singapore; whereas in others, the name of the privatised corporation has been only slightly modified, such as Telkom Indonesia in Indonesia, Telekom Malaysia in Malaysia, Deutsche Telekom in Germany, Kosovo Telecom in Kosovo, KT in South Korea, Post Luxembourg in Luxembourg and Síminn in Iceland.
Eastern Electricity plc was an electricity supply and distribution utility serving Eastern England, including East Anglia and part of Greater London. It was renamed Eastern Group under which name it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Hanson plc in 1995, before being purchased by Texas Utilities in 1998.
AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.
Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. It was one of the first Sri Lankan companies included in Forbes's list of non-US Best Managed companies valued under US$1 billion. The company has also been featured in the business magazine Business Today as one of its Top 10 listed companies in Sri Lanka.
Sydney Airport Corporation Limited (SACL) was formed by the Australian Federal Government as the corporate entity and sole leaseholder for Sydney Airport. It owns the airport operator for Sydney Airport, Sydney Airport Limited.
Sears plc was a large British-based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Charles Clore in the 1950s who expanded the company to be one of the largest retailers in Britain. It was acquired by Philip Green in 1999 who oversaw the break up of the group.
First Pacific Company Limited is a Hong Kong–based investment management and holding company with operations located in Asia. It involves telecommunications, consumer food products and infrastructure.
International Westminster Bank was a wholly-owned subsidiary of National Westminster Bank and its predecessors from 1913 to 1989, with branches in London, France, Spain and West Germany.
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government. Depending on the level of government ownership, PSUs are officially classified into two categories: Central Public Sector Undertakings (CPSUs), owned by the central government or other CPSUs; and State Public Sector Undertakings (SPSUs), owned by state governments. CPSU and SPSU is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSUs are granted the status of Maharatna, Navaratna, and Miniratna.
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