Royal Mail

NEW YORK (TheStreet) — A couple of months ago the UK government announced its intention to privatize the Royal Mail through a public stock offering as soon as April 2014. Spearheaded by Business Secretary Vince Cable however the timeline for a stock flotation has accelerated and could be as soon …

ITV News Royal Mail sell-off 'in weeks'ITV NewsThe Royal Mail is a vital service that businesses depend on, and (business minister) Michael Fallon is absolutely right that now is the time to allow it to access to the capital markets, enabling it to invest in its future. Royal Mail employees …

Privatisation of Royal Mail officially launchedFox NewsLONDON, United Kingdom (AFP) – The government on Thursday officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. "Her Majesty's Government today … More: continued here

Wall Street Journal UK Readies Royal Mail PrivatizationWall Street JournalLONDON—The U.K. government Thursday said it would sell a majority stake in state postal service the Royal Mail through an initial public offering in the coming weeks, formalizing one of the biggest privatizations the country has seen for decades …Britain to …

Britain's iconic postal service is set for a massive IPO that will value the firm around £3 billion. More: continued here

Britain's coalition government has confirmed plans to privatize the country's 500-year-old Royal Mail this fall, a move opposed by postal unions and condemned by the opposition as a "fire sale" … More: continued here

Royal Mail sell-offITV NewsThe Government has outlined its plans to sell off the Royal Mail, and as expected 10 percent of shares will be available to the company's 150,000 staff for free. The minimum investment for members of the public wanting to buy shares is £750, or £500 … More: …

Britain Confirms Plans to Privatize Royal MailABC NewsThe U.K. coalition government has confirmed plans to privatize the country's 500-year-old Royal Mail this fall. Business Secretary Vince Cable said Thursday an initial public offering of a majority stake in the postal service was scheduled for the … More: continued here

Telegraph.co.uk Government launches Royal Mail sell-offTelegraph.co.ukRoyal Mail chief executive Moya Greene will meet 1,200 union representatives at a private meeting in Birmingham at 11am on Thursday in a last-ditch bid to win their support for the move and avert a crippling nationwide strike in the run-up to Christmas. More: continued …

Bloomberg Royal Mail Plans Initial Public Offering Within WeeksBloombergRoyal Mail Group Ltd., the U.K.'s 360-year-old postal service, intends to hold an initial public offering of a majority stake “in the coming weeks” to help the company gain a competitive edge against European rivals. The government announced plans for … More: …