Singapore Fund Swoops For Royal Mail StakeYahoo! News UKSky News has learnt that the Government Investment Corporation (GIC) of Singapore has placed an order as part of the £3bn privatisation of Royal Mail, further details of which were announced last week. GIC is one of several sovereign wealth funds which …and …
Read More »Royal Mail float: experts on whether investors should buy the shares
The company has announced a price range for its shares in the forthcoming flotation. Are they a bargain? More: continued here
Read More »Singapore Fund Swoops For Royal Mail Stake
A Singaporean state-backed fund is poised to become a significant shareholder in Royal Mail amid strong overseas demand for the postal operator's shares. Sky News has learnt that the Government Investment … More: continued here
Read More »The Future of the Royal Mail: Putting Consumers and Businesses First – Huffington Post UK
The Future of the Royal Mail: Putting Consumers and Businesses FirstHuffington Post UKRoyal Mail has been in public ownership since the reign of Charles I and is one of the UK's most cherished national institutions, relied on by millions of consumers and businesses over the centuries. This is all about …
Read More »British Postal Service Valued at $5.3 Billion in I.P.O.
Royal Mail, Britain’s 360-year-old postal service, is to be valued as much as $5.3 billion in its initial public share sale scheduled for next month, the government said on Friday. More: continued here
Read More »Royal Mail sale gets under way – Belfast Telegraph
Belfast Telegraph Royal Mail sale gets under wayBelfast TelegraphCity firms will scoop fees of £50m, split between those advising the Government and the Royal Mail group. Many of the banks being paid directly by the state to handle the flotation are foreign: UBS and Goldman Sachs are lead advisers, with …
Read More »Buying frenzy for Royal Mail privatisation – and City won't get it all as private investors could hold up to 15% of …
Retail stockbrokers report being deluged with enquiries from private investors and with demand already reaching unexpected highs, sources said private individuals would end up with almost a third of the shares being issued. More: continued here
Read More »COMMENT: Investors have 10 days to sign up for Royal Mail shares, so what are … – This is Money
COMMENT: Investors have 10 days to sign up for Royal Mail shares, so what are …This is MoneyRoyal Mail will make its debut on the markets on October 11 following its controversial flotation by the Government, with shares expected to be priced at between 260p and 330p. Individuals interested in …
Read More »Post office staff begin strike over shakeup ‘hidden’ by Royal Mail sell-off – The Guardian
The Guardian Post office staff begin strike over shakeup 'hidden' by Royal Mail sell-offThe GuardianMary Rogers has worked at the Post Office all her life. When she started behind the counters in 1971, aged 16, Edward Heath was in Downing Street and you could buy a stamp, with freshly minted …
Read More »Royal Mail shares to be sold before possible strikes – BBC News
BBC News Royal Mail shares to be sold before possible strikesBBC NewsRoyal Mail shares are to be sold by mid-October, before postal workers have a chance to strike over the move. The company is valued at £2.6bn to £3.3bn, the government said on Friday. The Department for Business said Royal …
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