* CDP to present bid in coming days - sources
* Doosan in talks to buy majority stake in Ansaldo Energia
* Finmeccanica looking to sell assets to cut debt
MILAN/ROME, Sept 25 Italian state lender Cassa
Depositi e Prestiti is expected to make a bid for a stake in
Finmeccanica's power unit Ansaldo Energia in the
coming days, two sources with knowledge of the situation said.
A sale of a stake in the unit would help Finmeccanica cut
its debt of nearly 5 billion euros ($6.8 billion) and focus on
its core aerospace, defense and security businesses.
"CDP will present a bid for Ansaldo Energia via (its
investment vehicle) FSI in the next few days," one of the
sources told Reuters on Wednesday, without specifying the size
of the stake.
CDP and Finmeccanica declined to comment.
State-controlled Finmeccanica is also talking to South
Korea's Doosan Heavy Industries about selling a
stake in the power unit, which is 45 percent owned by U.S. fund
A source with direct knowledge of the situation said earlier
this month Doosan was looking to buy a majority stake in Ansaldo
Energia although the deal still needed Italian government
approval. The draft deal was based on an enterprise value for
the whole unit of 1.2 billion-1.4 billion euros.
A third source said CDP was evaluating an offer and that a
deal could be finalised by October. It was not clear whether
this offer would rule out Doosan taking a stake in Ansaldo
More than one year ago Finmeccanica, Italy's second largest
employer, singled out Ansaldo Energia among the assets it wanted
to sell to cut its debt pile.
The group has struggled to carry out planned sales due to
political opposition to foreign takeovers at a time when a
protracted economic crisis has forced many Italian entrepreneurs
to put their businesses on the block.
Finmeccanica is 30 percent owned by the Italian state and
needs government backing for sensitive strategic issues such ase
disposals. Delays in its asset disposal plans have prompted
ratings agencies to downgrade Finmeccanica to junk.
Earlier on Wednesday Industry Minister Flavio Zanonato said
the government wanted to see Ansaldo Energia and other
Finmeccanica units Ansaldo STS and AnsaldoBreda find
domestic or international partners.
Shares in Finmeccanica rose 4.7 percent on Wednesday to 4.74
euros, adding to recent gains fuelled by expectations that a
disposal could be near.