Strong Royal Mail market debut fuels debate over price

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By Kylie MacLellan and William James LONDON (Reuters) – Shares in Britain's Royal Mail rocketed to a near 40 percent premium above their issue price in Friday's stock market debut, fuelling a debate about whether they had been priced too low in order to guarantee a successful privatization. The share price increase, which inflated the value of the near 500-year-old company to 4.5 billion pounds …

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