UK regulator says will not investigate Royal Mail sell-off

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* FCA says failure one of pricing, not regulatory * Royal Mail shares still 55 pct above offer price (Adds quotes, details) LONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells ringing. Its share price has …

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