Royal Mail bankers reject claims sale price was too low

bankers said Britain could not have sold the Royal Mail The two banks, which led Royal Mail's London stock market listing, were summoned before a parliamentary committee on Wednesday to explain why they had priced the near 500-year old firm so far below its current market value. Royal Mail's shares have rocketed by as much as 80 percent since Britain sold a 60 percent stake in October for 330 …

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