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After 497 years UK To Announce October Royal Mail IPO

admin September 9, 2013 Royal Mail Leave a comment 184 Views

LONDON: The British government on Thursday plans to announce an October flotation of shares of its Royal Mail postal service, Sky News reported on its website without citing sources. The 497-year-old institution is being listed in October to help fund the modernisation of its delivery networks using private cash, in what would be the country's largest privatisation in decades.

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