LONDON (MarketWatch) — Heavy demand for shares in Royal Mail means the U.K. government will likely be able to sell the state-owned postal service at the top end of its estimated price range. It can expect to get between £3.00 and £3.30 ($4.81 and $5.30) a share, institutional investors heard …
Read More »Sorry, ma’am, but Royal Mail sell-off means no more crowning glory – The Independent
Sorry, ma'am, but Royal Mail sell-off means no more crowning gloryThe IndependentIt could be a bad heir day for Royal Mail. The postal giant has admitted it may lose the right to use symbols of the monarchy including the E II R royal cypher on post boxes and the crown …
Read More »Royal Mail to price sale at upper end of range
Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said today, potentially valuing the company at up to £3.3 billion (US$5.34 billion). The sale of as much as 60 per cent of …
Read More »Royal Mail Said to Narrow Pricing of IPO to Top of Range
The U.K. government is offering shares of Royal Mail Group Ltd. at a price of 300 pence to 330 pence ($4.84-$5.33) apiece amid strong demand for the initial public offering, two people familiar with the matter said. More: continued here
Read More »Royal Mail to price sale at upper end of range-sources – Reuters UK
BBC News Royal Mail to price sale at upper end of range-sourcesReuters UKLONDON (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company at …
Read More »Royal Mail to price sale at upper end of range-sources
By Kylie MacLellan LONDON (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company at up to 3.3 billion pounds. The sale of as …
Read More »Royal Mail to price share sale at upper end of range – sources
LONDON (Reuters) – Britain's Royal Mail has narrowed the price range for its planned London listing to the upper end of its original range, two sources close to the deal said on Friday. … More: continued here
Read More »Royal Mail Said to Narrow Pricing of IPO to Top of Range – Bloomberg
Royal Mail Said to Narrow Pricing of IPO to Top of RangeBloombergThe U.K. government is offering shares of Royal Mail Group Ltd. at a price of 300 pence to 330 pence ($4.84-$5.33) apiece amid strong demand for the initial public offering, two people familiar with the matter said. The price …
Read More »Union extends Royal Mail strike ballot – Derby Telegraph
Union extends Royal Mail strike ballotDerby TelegraphTHE closing date for a ballot on whether Royal Mail staff should strike over plans by the Government to privatise the service has been extended. The ballot of 125,000 postal workers, including those in Derbyshire, was expected to close today. RoyalMail. More: continued …
Read More »Demand for Royal Mail shares strong
Demand for Royal Mail shares is high enough for the government to sell them near the top of its hoped-for price band. More: continued here
Read More »