Portugal to sell residual stakes in CTT, Nos and Navigator

The Portuguese government announced plans to divest small, residual shareholdings it holds in several companies. Finance Minister Joaquim Miranda Sarmento listed the assets, including 0.25 % of the national postal service CTT, 71 shares of telecom operator Nos, 1,670 shares of the logistics group Navigator and a 0.01 % stake in Fosforeira Portuguesa. He said these positions are “peculiar” and “do not make sense” for the state and will be offered to the market through transparent, competitive procedures.

The government also indicated it will launch separate sales processes for the Estoril race‑track and the Red Cross Hospital, while retaining strategic assets such as Caixa Geral de Depósitos, Águas de Portugal, RTP and the Companhia das Lezírias. A report identifying strategic versus non‑strategic state holdings is to be delivered to parliament soon. The ministry noted it is monitoring the pending Galp‑Moeve merger, though no Galp shares will be sold at this stage.