Royal Mail

Factbox: Details of Britain's Royal Mail share saleReuters(Reuters) – Britain's Royal Mail postal service should be worth as much as 3.3 billion pounds ($5.3 billion) when it makes its London stock market debut next month, the government said on Friday as it began taking orders for the selloff. Following is …

The Guardian £3.3bn Royal Mail privatisation pushed through ahead of possible strikeThe GuardianThe government is racing to push through the £3.3bn privatisation of Royal Mail before postmen and women have the chance to walkout on strike against the "great British flog off". Vince Cable, the business secretary, on Friday announced …

£3.3bn Royal Mail flotation to kick off todayScotland on SundayThe UK government has announced that members of the public will be able to apply for shares in Royal Mail later today as it started the process of a flotation that will value the delivery service at up to £3.3bn. Business …

UK kicks off £3bn Royal Mail privatisationFinancial TimesThe UK government set the price range for the flotation of Royal Mail on Friday, aiming to push the offer through by mid-October before strikes threatened by postal workers can begin. The government said it would sell shares in Royal Mail at between …

Evening Standard Royal Mail given £3.3bn price tagEvening StandardA union communication being sent to CWU members today said: "Those who want to sell off the Royal Mail Group are motivated purely by short-term gain and vested interests. "We cannot give the company a free hand to determine your future and …

By Kylie MacLellan and Neil Maidment LONDON (Reuters) – Britain's Royal Mail privatisation garnered orders for all of the shares on offer in the space of a few hours on Friday, sources said, marking a strong start for a selloff that stands to flush up to 2 billion pounds into …

FT Adviser Hargreaves Lansdown braces itself for Royal Mail demandFT AdviserHargreaves Lansdown is advising interested investors to take advantage of the narrow window for buying shares in Royal Mail. Royal Mail IPO share offer opens later today (27 September) with the price range set at £2.60p to £3.30p per share, …

Banks get slim fees for privatisation of UK's Royal MailReutersLONDON, Sept 27 (Reuters) – The investment banks working on the privatisation of Britain's Royal Mail postal service stand to share a maximum fee pot of just under 24 million pounds ($38.4 million), around a third below the typical amount for …

Royal Mail Valued at $5.3 BillionWall Street JournalLONDON—The U.K. government said Friday it would sell a majority stake in Royal Mail Group Ltd. in an initial public offering that values the state-owned postal service at as much as £3.3 billion ($5.29 billion), marking the biggest privatization in … More: continued …

NEW YORK (TheStreet) — While in Sheffield, England recently, I decided to mail our vacation presents back home rather than hauling them on the plane. So we visited the Royal Mail. We didn't go to a stale government office, but to a brightly lit section of a local department store, …