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INTOSAI Working Group on the Audit of Privatisation,
Economic Regulation and Public Private Partnerships



Guide to Privatisation

Introduction

This Guide
 

Key stages of Privatisation

1. Reviewing Options and Preliminary Planning

        a) Objectives of privatisation

        b) Evaluation of options

2. Pre-Sale considerations

        a) Establishing a sales team

        b) External advisors

        c) Reforms and restructuring

        d) Establishing a timetable

        e) Pre-sale valuation and pricing

        f) Defining bid criteria

3. Methods of Sale

        a) Trade sale

        b) Management/Employee Buy-Out (MBO/MEBO)

        c) Auction

        d) Flotation/Public offering

        e) Voucher sales
 

Glossary

Frameworks

Bibliography