Home / Royal Mail / Government loses £500m on failing to sell Royal Mail shares in March – Yahoo Finance UK

Government loses £500m on failing to sell Royal Mail shares in March – Yahoo Finance UK

Government loses £500m on failing to sell Royal Mail shares in March
Yahoo Finance UK
LONDON (ShareCast) – The UK government opted against selling its entire stake in Royal Mail (LSE: RMG.L – news) when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors.

More: continued here

About admin

Check Also

North Baddesley man walks 247 miles to fundraise for RSPCA

Nick Thorne, a postal worker of North Baddesley, completed the month-long sponsored challenge in October …

Leave a Reply

Your email address will not be published. Required fields are marked *