BBC News 'Priority investors' drawn into uproar over Royal Mail privatisationReuters UKShares in Royal Mail have soared as much as 87 percent above the 330 pence per share Britain sold a 60 percent stake for in October. This has offered quick profits for big banks and City investors and drawn …
Read More »Privatization of UK’s Royal Mail – Goldman Sachs Gave “Priority Investor … – Center for Research on Globalization
Privatization of UK's Royal Mail– Goldman Sachs Gave “Priority Investor …Center for Research on GlobalizationThe Bureau reveals the shareholders given priority status in the controversial Royal Mail flotation. (Image: Royal Mail via shutterstock.com). Hundreds of City institutions registered interest in Royal Mail shares in the run up to one of …
Read More »Royal Mail sell-off: Sketch – Chinese walls are all Greek to MPs – The Independent
The Independent Royal Mail sell-off: Sketch – Chinese walls are all Greek to MPsThe IndependentA bit puzzling, this “Chinese wall” business. On Monday Lazard and Co's chief executive William Rucker insisted that the separation between his bit of the business, the Government's lead adviser on the Royal Mail sell-off, and …
Read More »The disastrous Royal Mail sale didn’t lack hindsight, it lacked foresight – The Guardian
The Guardian The disastrous Royal Mail sale didn't lack hindsight, it lacked foresightThe GuardianThis was essentially the position of the business secretary, Vince Cable, and the business minister, Michael Fallon, as they faced tough questions from the parliamentary business select committee over the sale of Royal Mail. "It was a …
Read More »Royal Mail Sale Would Have Thatcher ‘Turning In Her Grave’, Warns Margaret … – Huffington Post UK
Royal Mail Sale Would Have Thatcher 'Turning In Her Grave', Warns Margaret …Huffington Post UKRoyal Mail's controversial privatisation would have Margaret Thatcher "turning in her grave" as the business' shares went to a "masonic lodge" of City firms rather than ordinary investors, Labour MP Margaret Hodge has warned. Hodge, chairman …
Read More »Abu Dhabi and Kuwait Funds Got Priority Royal Mail Shares – Bloomberg
Abu Dhabi and Kuwait Funds Got Priority Royal Mail SharesBloombergGoldman Sachs Group Inc. (GS) and Lazard Ltd. said there was no conflict of interest when advising on Royal Mail Plc (RMG)'s initial public offering, after the government released a list of “priority investors” in the sale. Lazard's asset management … …
Read More »Abu Dhabi and Soros got ‘golden ticket’ in Royal Mail – Telegraph.co.uk
Telegraph.co.uk Abu Dhabi and Soros got 'golden ticket' in Royal MailTelegraph.co.ukAbu Dhabi Investment Authority, billionaire investor George Soros and activist hedge fund Third Point were among the 16 investors given preferential treament in the controversial Royal Mail privatisation. The Government on Wednesday released details of … More: continued here
Read More »Is There Still Time To Buy Royal Mail PLC? – The Motley Fool UK
Is There Still Time To Buy Royal Mail PLC?The Motley Fool UKRight now I'm looking at some of the most popular companies in the FTSE 100 and wider market to try and establish if there is still time for investors to buy in. Today I'm looking at Royal Mail (LSE: …
Read More »Lazard under fire over Royal Mail sell-off – Financial Times
BBC News Lazard under fire over Royal Mail sell-offFinancial TimesThe investment arm of the government's independent adviser on the privatisation of Royal Mail made an £8m profit selling shares in the company during the first week of trading. Lazard's bankers faced criticism from MPs after it was disclosed that …Lazard …
Read More »Lazard made £8m Royal Mail share profit – Financial Times
BBC News Lazard made £8m Royal Mail share profitFinancial TimesThe investment arm of the government's independent adviser on the privatisation of Royal Mail made an £8m profit selling shares in the company during the first week of trading. Lazard's bankers faced criticism from MPs after it was disclosed that …Lazard …
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