Royal Mail

LONDON (AP) – The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK – from the Scilly Isles to Scotland. More: continued here

Q&A: Royal Mail privatisationBBC NewsBusiness Secretary Vince Cable has confirmed that the government intends to privatise Royal Mail though a flotation on the London Stock Exchange. He said 10% of shares would be given to Royal Mail employees, while the public would also be able to buy … More: continued here

LONDON (AP) – The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK – from the Scilly Isles to Scotland. More: continued here

The British government’s plans to sell a majority stake in Royal Mail would be the biggest privatization in the country since the railroads 20 years ago.         More: continued here

Royal Mail workers to share in sell-offFinancial Times“To do that Royal Mail needs future access to private sector capital because the postal market is changing; the number of letters we send is declining, while the number of parcels is growing as online shopping becomes more popular. Royal Mail is … …

Britain to Sell 360-Year-Old Royal Mail in $3 Billion IPOBloombergThe U.K. government said it will sell a majority stake in 360-year-old postal service Royal Mail Group Ltd. via an initial public offering by the end of March. Staff will get 10 percent of the shares for free, on condition they …

UPDATE 2-UK to list Royal Mail, woos workers with free sharesReutersUK to list majority stake in Royal Mail by end March. * To give away 10 pct stake in firm to UK postal workers. * To be biggest UK privatisation for around 20 years. * Analysts see Royal Mail valued …

LONDON (AP) — The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK — from the Scilly Isles to Scotland. More: continued here

UK to IPO Royal MailWall Street JournalThe selloff will create the largest employee share scheme of any British privatization for almost 30 years, with about 150,000 Royal Mail employees eligible to receive free shares. In total, employees could hold a combined 10% stake in the company. More: continued here

Postal workers to get shares in private Royal MailYahoo! NewsThe UK's coalition government laid out plans Wednesday to privatize the Royal Mail. Analysts have speculated that the company could be worth 3 billion pounds ($4.5 billion). The government plans to sell a majority stake but it has yet to decide …