Royal Mail Flotation Banks ConfirmedYahoo! News UKThe Wall Street banking giant Goldman Sachs landed a plum role on Wednesday advising on the £2.5bn flotation of Royal Mail, the biggest British privatisation in decades. The Government confirmation came after Sky News revealed that a syndicate of banks … More: continued here
Read More »New portrait of Queen for Royal Mail stamp is ridiculed
A new portrait of the Queen, commissioned by Royal Mail to adorn a stamp marking the 60th anniversary of the Coronation, has been derided by critics who said it looked more like Margaret Thatcher. More: continued here
Read More »Government appoints banks for Royal Mail listing – Reuters UK
Government appoints banks for Royal Mail listingReuters UKMomentum behind privatisation began gathering pace last year after the European Commission cleared the government to take on Royal Mail's hefty pension liabilities and regulators gave the green light for the business to increase prices. Despite fierce … More: continued here
Read More »Banks hired to lead £2.5bn Royal Mail IPO – Money Marketing
Money Marketing Banks hired to lead £2.5bn Royal Mail IPOMoney MarketingMinisters have appointed Barclays and Goldman Sachs to lead the expected £2.5bn flotation of the Royal Mail this autumn. According to Sky News , the bankers will receive a fraction of their usual fees in exchange for winning the mandate …
Read More »Government hires banks for Royal Mail privatisation – CITY A.M.
CITY A.M. Government hires banks for Royal Mail privatisationCITY A.M.THE UK Government today confirmed that UBS and Goldman Sachs have been appointed as joint global coordinators and bookrunners for the planned privatisation of Royal Mail, which is expected to result in an IPO this year. Barclays and Bank of America …
Read More »Government appoints lead banks for Royal Mail listing – The West Australian
The West Australian Government appoints lead banks for Royal Mail listingThe West AustralianLONDON (Reuters) – The government has appointed Goldman Sachs and UBS as the lead banks to run a planned London stock market listing of Royal Mail. The initial public offering is expected to take place later this year …
Read More »Royal Mail banks in spotlight over Libor-rigging
The government is facing questions over its decision to hand the potentially lucrative mandate to float the Royal Mail to banks involved in the manipulation of Libor. More: continued here
Read More »Royal Mail to launch click-and-collect service for online retailers – Retail Week
Royal Mail to launch click-and-collect service for online retailersRetail WeekRoyal Mail is launching a click-and-collect service at its branches for online retailers. 29 May, 2013 | By Gemma Goldfingle. The Royal Mail is to launch a click-and-collect service at its branches aimed at online retailers and their customers. The … …
Read More »Goldman Sachs and UBS to lead privatisation of Royal Mail – The Guardian
The Guardian Goldman Sachs and UBS to lead privatisation of Royal MailThe GuardianAs the lead banks advising on Royal Mail's sale the pair will collect the majority of the fees, understood to be set at about 1% of the target £2-3bn flotation value. Barclays and Bank of America Merrill Lynch …
Read More »Royal Mail banks in spotlight over Libor-rigging – Telegraph.co.uk
Telegraph.co.uk Royal Mail banks in spotlight over Libor-riggingTelegraph.co.ukUBS and Barclays have been appointed as senior advisers on the stock market listing of Royal Mail, which could earn the scandal-hit lenders millions of pounds in fees, less than a year after they were fined nearly £1.3bn for attempting to rig global …
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