DIGITALLOOK Government to sell remaining 14% stake in Royal MailDIGITALLOOKWestminster will let go of its remaining stake in Royal Mail through a sale to professional investors. After the close of trading the government said it would begin a so-called accelerated book build immediately. At Monday's closing price of 470.3p its …
Read More »Public ownership of Royal Mail draws to close with share sale – Financial Times
Financial Times Public ownership of Royal Mail draws to close with share saleFinancial TimesThe government has sold off its remaining stake in Royal Mail for just under £600m, drawing the public ownership of the 500-year-old organisation to a close. The Department for Business, Innovation and Skills said on Tuesday it …
Read More »Sale of Royal Mail Stake Nets $907 Million for British Government – New York Times
Financial Times Sale of Royal Mail Stake Nets $907 Million for British GovernmentNew York TimesLONDON — The British government said on Tuesday that it had raised 591.1 million pounds by selling most of its stake in Royal Mail, the operator of Britain's postal service. The government sold a 13 percent …
Read More »Most Followed: SABMiller-ABI, World Pay, Royal Mail, Gfinity, and the travel … – Proactive Investors UK
Most Followed: SABMiller-ABI, World Pay, Royal Mail, Gfinity, and the travel …Proactive Investors UKChanging the subject to the UK tax payers ever-reducing 'investment portfolio' the government's remaining 13% shareholding in Royal Mail (LON:RMG) is being sold for nearly £600mln. Payment processor World Pay is said to be raising £2.5bn in …
Read More »Broker spotlight: Vodafone, Engineers, Royal Mail, DotDigital.. – Proactive Investors UK
Broker spotlight: Vodafone, Engineers, Royal Mail, DotDigital..Proactive Investors UKIMI (LON:IMI) is also downgraded to to neutral. Cantor Fitzgerald says the government's sale of the bulk of its shares in Royal Mail (LON:RMG) leaves the investment case finely balanced. “Clearly this removes any overhang issues, but we think that the …and …
Read More »Government sells off final Royal Mail shareholding overnight – Telegraph.co.uk
Telegraph.co.uk Government sells off final Royal Mail shareholding overnightTelegraph.co.uk“This is a truly historic day for Royal Mail with the workers gaining a share of this history," said Sajid Javid, business secretary. "We have delivered on our promise to sell the Government's entire remaining stake which means that for the very …
Read More »British government sells rest of Royal Mail stake – Proactive Investors UK
British government sells rest of Royal Mail stakeProactive Investors UKThe Department for Business, Innovation & Skills said it had completed the disposal of about 13% of the issued share capital in Royal Mail to institutional investors. It was held by Postal Services Holding Company, which was set up to hold …
Read More »Government to sell remaining 14% stake in Royal Ma – London South East (registration) (blog)
Government to sell remaining 14% stake in Royal MaLondon South East (registration) (blog)(ShareCast News) – Westminster will let go of its remaining stake in Royal Mail through a sale to professional investors. After the close of trading the government said it would begin a so-called accelerated book build immediately. At …
Read More »Government sells final shares in Royal Mail for £591m – PoliticsHome.com
The Times (subscription) Government sells final shares in Royal Mail for £591mPoliticsHome.com"This is a milestone moment in the long and proud history of the Royal Mail, when we secure its long term future. By fully leaving state ownership we have a win all round – for customers, the workforce and …
Read More »Royal Mail fail to deliver for the people of Littleborough – Rochdale Online
Rochdale Online Royal Mail fail to deliver for the people of LittleboroughRochdale OnlineCouncillor Hartley said: “Many Littleborough residents depend on easy access to post boxes to send letters to loved ones or to post important documents. I've written to both Royal Mail and E.ON to ask for their assistance, but …
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