Home / Royal Mail / UK to announce October Royal Mail IPO – Sky

UK to announce October Royal Mail IPO – Sky

(Reuters) – The British government on Thursday plans to announce an October flotation of shares of its Royal Mail postal service, Sky News reported on its website without citing sources. The 497-year-old institution is being listed in October to help fund the modernisation of its delivery networks using private cash, in what would be the country's largest privatisation in decades. Ministers are …

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