Home / Royal Mail / Big, but not clever: MPs attack Royal Mail banks – The Independent

Big, but not clever: MPs attack Royal Mail banks – The Independent

Big, but not clever: MPs attack Royal Mail banks
The Independent
This led to accusations that Royal Mail had been acutely underpriced, costing the taxpayer billions of pounds. This argument was bolstered when it emerged that JPMorgan had valued the business at up to £8.5 billion in a failed pitch to run the flotation.

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