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How investors in IPOs mostly lose money – Telegraph.co.uk

Telegraph.co.uk How investors in IPOs mostly lose moneyTelegraph.co.ukThe privatisation of Royal Mail captured the imagination of the public – and hundreds of thousands enjoyed a financial boost too, as the shares soared in their early days of trading. Those who kept their initial investment were last week sitting on … …

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Bankers To Face Royal Mail Grilling By MPs – Sky News

CITY A.M. (blog) Bankers To Face Royal Mail Grilling By MPsSky NewsInsiders said on Friday that Goldman Sachs and UBS, which led the privatisation, would send representatives. Four banks that did not work on the deal but which suggested that Royal Mail could be worth much more than the £3.3bn …

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MPs to quiz bankers over Royal Mail valuation row

British MPs investigating whether the sale of shares in the Royal Mail postal service was correctly valued have summoned bankers from across the City of London to give evidence, a government source said on Friday. Bankers from Citigroup, Deutsche Bank, JP Morgan and Panmure Gordon, none of whom worked on …

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