Royal Mail

Telegraph.co.uk Royal Mail shareholder boss is 'locust'The IndependentThe holding will be seen as a blow to the Business Secretary, Vince Cable, who had insisted that Royal Mail would be sold to long-term “blue chip” investors. Independent Comment. Please enable JavaScript to view the comments powered by Disqus.Hedge fund becomes leading …

Activist hedge fund TCI takes big stake in Royal MailReuters UKLONDON (Reuters) – A hedge fund with a reputation for aggressive campaigning to boost company performance has become the biggest shareholder in newly-privatised Royal Mail (RMG.L) after the British government. The Children's Investment Fund (TCI) … More: continued here

UK's Osborne defends Royal Mail sale priceChicago TribuneLONDON (Reuters) – British finance minister George Osborne hit back on Tuesday at criticism that the government sold a chunk of postal service operator Royal Mail too cheaply. Osborne, speaking at a Thomson Reuters Newsmaker event, said initial public … More: continued here

Royal Mail privatisation: Secret hedge fund owns £290million of sharesMirror.co.ukLabour's Ian Murray said: “David Cameron's Royal Mail fire sale has seen the vast majority of shares going to big money investors in the City while the taxpayer is left shortchanged.” Meanwhile, George Osborne yesterday insisted the Royal Mail sale had … …

'Locust' bites off biggest chunk of Royal MailThe Times (subscription)The Government has been forced on to the defensive after shares in Royal Mail soared from 330p, when it floated 12 days ago, to as high as 530p, prompting criticism that it had been sold too cheaply. Vince Cable, the Business …

James Moore: Grudging respect for the abrasive Mr Hohn, Royal Mail's biggest …The IndependentIf you're like me and you kept your allocation of Royal Mail stock from the recent privatisation, say hello to TCI. The hedge fund has been gobbling up the shares of those who sold and is now …

Day 1, Royal Mail: Never trick-or-treat in a locals' pubSan Jose Mercury News (blog)(Preamble: This is the first installment in what hopefully will be a nightly recap of my stay in London in advance of Sunday's 49ers game against the Jacksonville Jaguars. All reports hopefully will come with a hint …

Your Local Guardian Royal Mail staff in Croydon given £4.5m in sharesYour Local GuardianRoyal Mail staff in Croydon have been given £4.5m worth of free shares in the newly privatised company. The shares have been awarded to 1,200 employees based in and around the borough following Royal Mail's float on …

Telegraph.co.uk Osborne defends Royal Mail sale priceArab NewsGeorge Osborne, speaking at a Thomson Reuters Newsmaker event, also said he was “a couple of weeks” away from deciding whether to split up state-owned Royal Bank of Scotland and rejected criticism that the government sold Royal Mail too cheaply.Osborne says growth alone …

Telegraph.co.uk Hedge fund becomes leading Royal Mail investorBBC NewsA UK hedge fund has become the biggest shareholder of Royal Mail after the British government. The Children's Investment Fund (TCI) has bought a 5.8% stake in Royal Mail worth £286m ($462m). TCI is considered to be an activist investor which means …