Privatisation is the process of converting a publicly operated enterprise into a privately owned and operated entity. Privatising a company provides the opportunity to forge strategic alliances with other partners by bringing in private shareholders. It opens the company to the world economy and encourages the development of the local private sector. BNP Paribas has served as advisor to a large number of governments for privatisations, particularly in emerging markets such as Latin America, Africa, Middle East and Central & Eastern Europe.
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