The Independent Royal Mail valued at up £3.3bn ahead of privatisationThe IndependentThe Government is selling a stake of between 50.1 and 70 per cent in Royal Mail, arguing that private investment is essential to help it compete for the lucrative and rapidly growing parcels delivery market. A ten per cent …
Read More »Questor share tip: Get in quick and buy Royal Mail shares – Telegraph.co.uk
Questor share tip: Get in quick and buy Royal Mail sharesTelegraph.co.ukRoyal Mail said it expects to pay a full year dividend of £200m, around 20p per share, which would yield between 6.1pc and 7.7pc given the share price range. The Royal Mail has a dominant market position giving it pricing …
Read More »Royal Mail Sale To Be Completed Before Strike – Sky News
Royal Mail Sale To Be Completed Before StrikeSky NewsThe Government explained that it planned to sell between 40.1% and 52.2% of the company, which is expected to make its market debut on October 11, with 150,000 Royal Mail staff receiving free shares likely to be worth roughly £2,000 each at …
Read More »Royal Mail privatisation: just 12 days to buy into float – Telegraph.co.uk
Telegraph.co.uk Royal Mail privatisation: just 12 days to buy into floatTelegraph.co.ukThe Government intends to divest up to 70pc of Royal Mail – up to 52.2pc in the initial base offer plus a further 7.8pc if demand is high and it is giving 10pc of the shares to staff for free. …
Read More »Royal Mail float: experts on whether investors should buy the shares – Telegraph.co.uk
Telegraph.co.uk Royal Mail float: experts on whether investors should buy the sharesTelegraph.co.uk"What is less well-known is the transformation of the Royal Mail's prospects through its parcel delivery service, responding to the surge in online shopping. Doorstep deliveries for goods purchased on the internet, efficient operations and competitive … More: continued …
Read More »Royal Mail privatisation oversubscribed within hours
The Royal Mail privatisation was oversubscribed within hours as investors rushed to place orders for shares in an initial public offering expected to value company at up to £3.3bn. More: continued here
Read More »Factbox: Details of Britain’s Royal Mail share sale – Reuters
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 …
Read More »£3.3bn Royal Mail privatisation pushed through ahead of possible strike – The Guardian
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 …
Read More »£3.3bn Royal Mail flotation to kick off today – Scotland on Sunday
£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 …
Read More »UK kicks off £3bn Royal Mail privatisation – Financial Times
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 …
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