Royal Mail

Britain's Royal Mail will be valued at £3.3 billion ($5.3 billion, 3.9 billion euros) when it launches on the stock market in a controversial part-privatisation, the government said Thursday. More: continued here

By Sarah Young and William James LONDON (Reuters) – Britain sold a majority stake in Royal Mail at 330 pence a share on Thursday following massive investor interest that values the postal service company, known worldwide for its iconic red postboxes, at 3.3 billion pounds ($5.3 billion). In one of …

Britain's Royal Mail will be valued at £3.3 billion ($5.3 billion, 3.9 billion euros) when it launches on the stock market in a controversial part-privatisation, the government said Thursday. More: continued here

Royal Mail: Sovereign Funds To Get SharesSky NewsA clutch of the world's most powerful sovereign wealth funds are expected to be allocated millions of pounds-worth of shares in Royal Mail even as thousands of British investors are frozen out of the privatisation. Sky News can reveal that state-backed … More: …

London (AFP) – Britain's Royal Mail will be valued at £3.3 billion ($5.3 billion, 3.9 billion euros) when it launches on the stock market in a controversial part-privatisation, the government said Thursday. More: continued here

Thousands of UK taxpayers will miss out on the biggest privatisation in a generation after the Government confirmed the sale of nearly £2bn of shares in Royal Mail. Ministers confirmed after the UK stock … More: continued here

Royal Mail shares: Larger investors could be locked outThe IndependentMinisters have since held emergency talks about the final allocation of Royal Mail shares after applications from private investors were up to seven times over-subscribed. The Government is now expected to decide that those who tried to buy large … More: …

The Royal Mail share price and details of the allocation policy will be announced after the London stock market closes at 4.30pm. More: continued here

Royal Mail Share Price To Be RevealedSky NewsThe Royal Mail share price and details of the allocation policy will be announced after the London stock market closes at 4.30pm. Vince Cable, the Business Secretary, said there had been more than 700,000 applications for shares in one of the biggest … More: …

IBTimes.co.uk Royal Mail Privatisation Flooded With 700000 Stock ApplicationsIBTimes.co.ukBritain's business secretary has revealed that more than 700,000 private investors have applied for Royal Mail shares despite the government being tipped to snub wealthy buyers. In a speech by Vince Cable, he said his 'very rough estimate,' as to how … …