Home / Royal Mail / Cable bows to pressure over Royal Mail IPO probe – Investment Week

Cable bows to pressure over Royal Mail IPO probe – Investment Week

Cable bows to pressure over Royal Mail IPO probe
Investment Week
The government sold 60% of Royal Mail at a float price of 330p in October, with the shares rising by 38% on the first day of trading and continuing to climb. This lead to accusations the government's advisers had priced the deal artificially cheaply

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