The sale of the postal service, which potentially values it at up to £3.3billion, is now expected to price between 300 and 330p per share. More: continued here
Read More »Royal Mail strike ballot extended as Ministers press on with sell-off – Derby Telegraph
Derby Telegraph Royal Mail strike ballot extended as Ministers press on with sell-offDerby TelegraphIt is selling off at least 41% of its stake in Royal Mail, which, together with giving away 10% to employees, means it will no longer own the majority. As part of the privatisation, Royal Mail would …
Read More »UPDATE 1-Royal Mail to price sale at upper end of range-sources – Reuters UK
UPDATE 1-Royal Mail to price sale at upper end of range-sourcesReuters UKLONDON Oct 4 (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 …
Read More »Royal Mail Privatisation: Shares 'May Reach 450p' in IPO
CWU says strikes are likely if its members vote for industrial action over the sell-off. More: continued here
Read More »Royal Mail property windfall 'would go the shareholders'
Royal Mail bosses have confirmed that the company's pension fund would not claim money from the sale of disused sorting offices, worth £500m. More: continued here
Read More »Royal Mail to sell off at top of valuation: report
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 …
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