Royal Mail

Britain's government on Thursday officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. More: continued here

Royal Mail set to be floatedFox NewsLONDON (AFP) – The sale of a majority stake in Royal Mail was due to be announced on Thursday, the BBC reported, sparking an angry response from unions. The government is expected to announce its intention to float the 497-year-old service before the … More: …

BBC News Royal Mail privatisation 'in the coming weeks'BBC NewsThe government has given formal notice to the stock exchange that it plans to privatise the Royal Mail"in the coming weeks". BBC business editor Robert Peston said he expected the sale to take place in November. Employees will be given 10% …

Royal Mail Outlines Plans for Initial Public Offering Next MonthBloombergRoyal Mail Group Ltd., the U.K.'s 360-year-old postal service, announced plans for an initial public offering to help raise funds that will let the delivery company regain a competitive edge against European rivals. The IPO will take place “in the … …

How will the postal service sell-off work? More: continued here

Business Secretary Vince Cable said the move would protect the six-days-a-week postal service with one stamp price guaranteeing delivery anywhere in the country. More: continued here

BBC News Royal Mail Sale To Begin Within WeeksSky NewsIn a statement confirming Royal Mail's intention to float, ministers said the decision was an important step towards ensuring a "healthy future" for the company, despite intense opposition from trade unions which have pledged to ballot on industrial …Royal Mail privatisation …

By Neil Maidment LONDON (Reuters) – Britain embarked on its largest privatization in decades on Thursday as the government unveiled plans to sell the majority of the near 500-year-old state-owned Royal Mail postal service. The Department for Business said a stock market flotation would take place in coming weeks, giving …

Royal Mail privatisation: Call for halt to sell-off to safeguard post office …Mirror.co.ukDetails of the next stage of the controversial sell-off process are due to be revealed today. The National Federation of SubPostmasters called on the Government to safeguard the future of thousands of post offices by halting the sale. …

Royal Mail secures 1.4 billion pounds debt facilities ahead of IPOReuters UKWed Sep 11, 2013 11:39pm BST. (Reuters) – Britain's Royal Mail has secured 1.4 billion pounds ($2.21 billion) in debt facilities to support the 497-year-old state-owned delivery service as it goes public, Sky News reported on Tuesday without citing …