Bloomberg Royal Mail IPO Oversubscribed With 700000 Retail ApplicationsBloombergRoyal Mail's privatization will be the biggest in the U.K. since British Rail was broken up in the 1990s. The IPO of the 360-year-old company, which has refocused on package-delivery markets spurred by a trend toward web-based purchasing, opened Sept. More: continued …
Read More »Could the chatter over Royal Mail’s pricing prove right? – The Guardian
The Guardian Could the chatter over Royal Mail's pricing prove right?The GuardianIn the case of the Royal Mail, where the worry is that the public purse could be ripped off, the business secretary ought to know that his "froth" line will look very silly if the shares shoot to a …
Read More »Royal Mail shares ‘will be priced at top of range’ – BBC News
The Guardian Royal Mail shares 'will be priced at top of range'BBC NewsRoyal Mail's shares will be priced at 330p, valuing the whole of Royal Mail at £3.3bn, the BBC has learned. The price is at the top end of what the government was hoping for, after applications massively outstripped …
Read More »Has the Royal Mail been undervalued? – Telegraph.co.uk
Has the Royal Mail been undervalued?Telegraph.co.ukInstitutional and retail investors have reportedly requested £30bn worth of Royal Mail shares, though the offer is expected to be just £2bn when the first phase of the privitisation is launched on Friday. Sources insisted that the Government intends to … More: continued here
Read More »'Emergency talks' over Royal Mail
Ministers have been holding emergency talks about the final allocation of Royal Mail shares after applications from private investors were up to seven times over-subscribed, it has been reported. More: continued here
Read More »British public flock to Royal Mail share offer
Britain's biggest privatization in decades captured the imagination of the public, with 700,000 individuals applying for seven times the number of Royal Mail shares on offer. More: continued here
Read More »Royal Mail Eyes Job Cuts After Privatisation
In written evidence submitted to the Business Select Committee, Royal Mail warns MPs of employing fewer people. More: continued here
Read More »Royal Mail warns of job losses after privatisation – Telegraph.co.uk
Telegraph.co.uk Royal Mail warns of job losses after privatisationTelegraph.co.ukThe MPs released the evidence ahead of grilling Vince Cable on the Government sell-off. The Business Secretary told the MPs Government brokers had been deluged with 700,000 applications for Royal Mail shares and that the retail offer was “six or seven … More: …
Read More »UPDATE 2-British public flock to Royal Mail share offer – Reuters
UPDATE 2-British public flock to Royal Mail share offerReutersLONDON Oct 9 (Reuters) – Britain's biggest privatisation in decades captured the imagination of the public, with 700,000 individuals applying for seven times the number of Royal Mail shares on offer to private investors. Despite the threat of strike …and more » More: …
Read More »Royal Mail investors still buying in grey market as Vince Cable prepares to be … – Telegraph.co.uk
Telegraph.co.uk Royal Mail investors still buying in grey market as Vince Cable prepares to be …Telegraph.co.ukSpreadbetting firm IG Index said demand for Royal Mail in the grey market was “just as strong” today as the record demand yesterday with investors betting that the shares will open far higher than the …
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