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 …
Read More »Day 1, Royal Mail: Never trick-or-treat in a locals’ pub – San Jose Mercury News (blog)
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 …
Read More »Royal Mail staff in Croydon given £4.5m in shares – Your Local Guardian
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 …
Read More »Osborne defends Royal Mail sale price – Arab News
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 …
Read More »Hedge fund becomes leading Royal Mail investor – BBC News
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 …
Read More »Lord Sugar lambasts Government for ‘bargain basement’ Royal Mail sell-off – The Independent
The Independent Lord Sugar lambasts Government for 'bargain basement' Royal Mail sell-offThe IndependentLabour peer Lord Sugar said at question time in the House of Lords that the Government had appointed the banks UBS, Lazards and Goldman Sachs for their "so called expertise in understanding the correct timing and pricing of …
Read More »Royal Mail share certificates: how to avoid Equiniti's £50 charge
Some Royal Mail shareholders say they received share certificates when they did not request them. The Government's stockbroker will charge these investors up to £50 to sell, but there are ways to pay much … More: continued here
Read More »Royal Mail share certificates: how to avoid Equiniti’s £50 charge – Telegraph.co.uk
Telegraph.co.uk Royal Mail share certificates: how to avoid Equiniti's £50 chargeTelegraph.co.ukThis is much more than the minimum £7.50 cost of selling the shares through Equiniti, the company that handles Royal Mail shares bought via the Government's official website. But there are ways to avoid the higher fee. We explain your …
Read More »Two banks warned Royal Mail was underpriced ahead of sale – BBC News
Two banks warned Royal Mail was underpriced ahead of saleBBC NewsThe government ignored two banks that valued Royal Mail at £5bn, far more than shares were sold for, the Financial Times has reported. The government sold 60% of the postal service last week for £3.30 per share, but they soon …
Read More »TCI takes stake in freshly floated Royal Mail – Financial Times
Telegraph.co.uk TCI takes stake in freshly floated Royal MailFinancial TimesOne of the world's most aggressive hedge fund activists has taken a 5 per cent stake in Royal Mail, making it the newly floated company's second largest shareholder after the UK government. The Children's Investment Fund disclosed a holding of just …
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