Royal Mail

DIGITALLOOK Royal Mail upped to 'overweight' by JPMorgan as PostNL abandons UK direct …DIGITALLOOKJPMorgan Cazenove upgraded Royal Mail to 'overweight' from 'neutral' and raised the target price to 605p from 515p, pointing to diminished postal risk after PostNL announced the suspension of Whistl's UK direct delivery operations. “While uncertainty … More: …

Telegraph.co.uk Government sells 15% of Royal Mail at £5 a shareThe GuardianRoyal Mail shares closed on Wednesday at 516.5p, a 57% increase on the 330p float price. The government floated 60% of the company in October 2013 and was accused of selling a national asset too cheaply after the shares …

International Business Times UK British Government Raises $1.16 Billion in Sale of Royal Mail SharesNew York TimesThe government sold a 15 percent stake at 500 pence a share to institutional investors overnight as it looks to sell down its remaining interest nearly two years after Royal Mail went public. The …

The Independent Royal Mail: government starts sale of shares – but you won't be able to buy anyThe IndependentA note from the Department of Business, Innovation and Skills said that the sale of half the government's shares, comprising 15 per cent of the value of Royal Mail, has been authorised. …

Yahoo News UK Government to sell further 15 percent of Royal Mail, award staff sharesYahoo News UKLONDON (Reuters) – The British government on Wednesday said it would sell half of its remaining stake in Royal Mail , leaving it with about 15 percent of the postal service that was wholly …

Mirror.co.uk Royal Mail rival Whistl ends home delivery after financial woes – putting 1800 …Mirror.co.ukThe Dutch-owned firm suspended house deliveries last month after losing funding. It had been delivering around three million letters a week in London, Manchester and Liverpool in direct competition with Royal Mail. The private equity arm …

BBC News Osborne says half of Royal Mail stake to be soldBBC NewsThe government will sell half of its remaining shares in Royal Mail, and give a further stake to employees, Chancellor George Osborne has said. Postal workers will share a 1% stake in the company worth about £50m in …

Telegraph.co.uk Government begins sale of remaining stake in Royal MailThe GuardianAfter a controversial flotation in 2013, in which the government was widely accused of selling off Royal Mail on the cheap, a BIS spokesman insisted the department would be seeking the “best possible” deal for the taxpayer, although he admitted …

Reuters UK Government to sell further 15 percent of Royal Mail, award staff sharesReuters UKLONDON The British government on Wednesday said it would sell half of its remaining stake in Royal Mail (RMG.L), leaving it with about 15 percent of the postal service that was wholly state owned until 2013. …

Royal Mail chooses Zebra Technologies to supply new hand-held devicesPost and ParcelIn a statement issued today (10 June), Royal Mail commented: “The provision of the 76,000 next-generation TC75 devices is at the centre of a £130 million technology investment programme which will be implemented over five years. The investment is …